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Benita
Benita, 22, is single and has a dependent daughter, 2. She makes a living growing peanuts, beans, and potatoes so she can feed and educate her young daughter. For reasons beyond her control, she wasn't able to continue the family relationship with the father of her daughter, so she decided to live alone. Her parents help her with the agricultural work.

When the river that borders her property rose, a flood of mud and other materials damaged her peanut and bean crops, causing her income to drop. In addition to the rise in the river, freezes in June affected her potato crop, leaving it in very unfavorable conditions.

For all these reasons Benita's economic stability has suffered, directly affecting her acquisition of the materials and inputs she needs for her agricultural work and to feed her family.

To rectify this she has requested a loan so she can improve her quality of life and stabilize her economic needs.
View original language description ↓
La señora Benita, tiene 22 años de edad, soltera, tiene una hija dependiente, se dedica a la actividad económica de cultivo de maní, frejol y papa con el objetivo de dar una buena alimentación y educación a su hijita de 2 añitos, quien por motivos de fuerza mayor no pudo llevar adelante la relación familiar con el padre de su hija por tanto decidió vivir sola, tiene a sus padres quienes le colaboran en la producción agrícola. Por las crecidas del rio que bordea su propiedad ha sufrido el desborde que causó un daño a los cultivos de maní y frejol, quedando anegados de lodo y otros materiales, esto ocasiono una disminución de sus ingresos económicos, además del desborde del rio las heladas del mes de junio afectaron a los cultivos de papa dejándole en condiciones muy desfavorables; por todo lo anteriormente mencionado la estabilidad económica de la señora Benita ha sufrido un desequilibrio, afectando directamente en la adquisición de los materiales e insumos requeridos para la producción agrícola y la canasta familiar, para la alimentación de la familia. Para enmendar lo mencionado anteriormente ha recurrido al crédito con el objetivo de mejorar la calidad de vida y estabilizar las necesidades económicas.

Additional Information

About CIDRE

CIDRE is a Bolivian microfinance institution with a strong social commitment to the community. It works to provide quality financial services to rural and peri-urban borrowers, focusing primarily on agricultural loans for dairy farmers and micro-enterprises. CIDRE targets segments of the population that have not traditionally had access to credit, and invests in much-needed community development projects. It is currently working with coca farmers in the Chapare region to replace coca with less controversial crops. Get more involved by joining the Friends of CIDRE lending team.

About Bolivia

  • $5,500
    Average annual income
  • 182
    View loans »
    Bolivia Loans Fundraising
  • $31,008,200
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,450 helped Benita to buy agricultural materials and inputs.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jul 17, 2013
Listed
Aug 19, 2013
Currency Exchange Loss:
Covered
Ended:
Aug 17, 2014