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Sarain Dana
Sarain is poor. She lives with her mother and aunt, whom she has been helping sell shoes from an early age. She gained experience and slowly developed the skills for this trade, which is now her line of work. She resells merchandise she buys wholesale. She is thinking about continuing her studies; she graduated from high school.

She wants to grow her business and has applied for a loan to increase her capital to buy more merchandise. This will increase her sales so that she can cover her expenses and help her family.
View original language description ↓
La señorita Sarain es una persona de escasos recursos, actualmente vive con su madre y su tía a quienes ayudaba desde muy pequeña en el comercio de zapatos, de esa forma fue adquiriendo experiencia y poco a poco fue desarrollándose en el rubro, ahora sigue dedicándose a eso, revendiendo productos de los mayoristas, tiene pensado seguir con sus estudios ya que actualmente su nivel de educación es el bachillerato y anhela agrandar su negocio por ello solicita un crédito para incrementar su capital de operación (comprando más mercadería), ya que de esa manera mejorara su nivel de ventas, para cubrir sus gastos y ayudar a su familia.

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.

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About Bolivia

  • $5,500
    Average annual income
  • 196
    View loans »
    Bolivia Loans Fundraising
  • $31,028,500
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Sarain Dana to increase her capital to buy merchandise.
100% repaid
Repayment Term
23 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 16, 2013
Listed
Dec 12, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2015