Santusa lives in the community of Colomi. She is 31 years old and a single mother with two small children. She is economically independent. She has income from agriculture. She plants on 2 hectares of her own land where she grows potatoes, oca [a small tuber similar to a potato], and fava beans in rotation. She has experience in this business. Santusa needs the loan to build a house because she currently lives in her grandparent's house, and it is deteriorated. During the rainy season there are a lot of leaks in the roof. The savings that she had she recently spent on agricultural inputs. Santusa would be able to build two small rooms and then be able to live more comfortably with her two children, and also achieve her dream of having her own house.
La Sra. Santusa vive en la comunidad de Colomi, tiene 31 años de edad, es madre soltera, tiene dos hijos pequeños, económicamente es independiente, percibe ingresos económicos de la actividad agrícola, siembran en terreno de 2 Has en terreno propio producen papa, oca y haba, con rotación de cultivos con experiencia en el rubro, La Sra Santusa requiere el crédito para la construcción de vivienda ya que actualmente vive en la casa de sus abuelos y ya se encuentra deteriorada, y con esta época de lluvia tiene muchas goteras por el techo, el ahorro que tenia lo invirtió recientemente en la compra de insumos agrícolas. Santusa podrá construir dos cuartos pequeños y poder vivir más cómodamente junto a sus dos hijos, además de poder realizar el sueño de tener casa propia.
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 Housing Loans
Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.