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Basilia
Basilia, 22, lives in Monteagudo. She is married and has a daughter in her care. She rents the home she lives in and works from there making clothing and sportswear. Working as a seamstress is how she generates an income to support her daughter. The loan she is requesting is to buy raw materials (fabric and thread) and an industrial sewing machine to make clothing. This will allow her to increase her work load and income to cover expenses and improve her family's living conditions.
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La señora Basilia tiene 22 años, vive en Monteagudo, es casada y tiene una hija que depende de ella, vive y en alquiler y trabaja desde ahí, se dedica a la confección de ropa de vestir y deportiva, de esta forma genera ingresos para mantener a su hija, actualmente solicita un crédito para la compra de materia prima (telas e hilos) y una maquina industrial para confección de prendas, así podrá aumentar su trabajo y tener más ingresos para cubrir sus gastos y mejorar el nivel de vida de su familia.

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.

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 $3,050 helped Basilia to buy raw materials (fabric and thread) and an industrial sewing machine.
100% repaid
Repayment Term
62 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 6, 2013
Listed
Dec 7, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 20, 2014