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The lady Nelly is a hardworking woman. She is a mother and caring grandmother. Since she was very young, she had an aptitude for hairstyles and haircuts. Because of this she wanted to learn the trade. Today, after more than 20 years in the field, she is an excellent professional. Presently, she has a small hair salon in her home. Her children are independent and now she is the primary supporter of her household. Because of this she requests a loan in order to outfit her salon and buy supplies and equipment for hairstyling. Her aim is to offer better service. Furthermore, she wishes to teach other people and in this way create sources of work.
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La señora Nelly es una mujer emprendedora, madre y cariñosa abuelita, desde muy joven tuvo la inclinación por los peinados y cortes de cabello, por lo que quiso aprender el oficio, hoy después de más de 20 años en el rubro, es una excelente profesional. Actualmente tiene una peluquería pequeña en su domicilio. Sus hijos se independizaron y ahora ella es el principal sustento de su hogar, por lo que solicita un crédito para equipar su salón y comprar insumos y material para peluqueria con el fin de ofrecer un mejor servicio, además desea enseñar a otras personas, y así generar fuentes de trabajo.

Additional Information


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
  • 146
    View loans »
    Bolivia Loans Fundraising
  • $33,337,025
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $875 helped Nelly to buy supplies and equipment for hairdressing.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Nov 27, 2013
Dec 29, 2013
Currency Exchange Loss:
Jan 17, 2015