At present she lives alone, because her partner and father of her 4 children abandoned her 5 years ago. Since then, Basilia is both father and mother for her children. She lives in the house that they constructed alongside her ex-partner. She has a business selling clothing at the local market. Every weekend she travels to the city in order to stock up on merchandise. This is why she is requesting a loan - to be able to increase her capital, to improve her quality of life and to be able to support her children.
About CIDRECIDRE 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.
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Success!! The loan was 100% repaid