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Julia
Julia is 32 years old. She is married and has four children who depend on her. She lives in Monteagudo City. She got a degree in making sportswear and works in this field from home.

She needs a loan of Bs. 21000 to buy raw material (fabric and yarn) and a sewing machine, in order to increase her work and earn more income to offer her family a better life.
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La señora Julia tiene 32 años, es casada y tiene cuatro hijos que dependen de ella, vive en la Ciudad de Monteagudo, obtuvo el título de confección de ropa deportiva y trabaja en eso desde su propio domicilio. Requiere un crédito de Bs. 21000 para la compra de materia prima (telas e hilos) y maquina de costurar, con el fin de aumentar su trabajo y obtener mayores ingresos para ofrecerle a su familia mejores condiciones de vida.

Additional Information

More information about this loan


This loan product is designed to help entrepreneurs set up new businesses in Bolivia. To make this possible, Cidre is collaborating with organizations among which Fautapo Foundation, which provide training, help borrowers with their business models, and identify needs for working capital. Kiva and Cidre are working together to offer larger loans with grace periods to help these entrepreneurs successfully start up new businesses.

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.

Tags

About Bolivia

  • $5,500
    Average annual income
  • 228
    View loans »
    Bolivia Loans Fundraising
  • $31,613,325
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $3,050 helped Julia to buy raw material (fabric and yarn) and a sewing machine.
33% repaid
Repayment Term
62 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 21, 2013
Listed
Dec 2, 2013
Currency Exchange Loss:
Possible