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Margarita, 33, lives in the town of Monteagudo in her own home. She rents a space near the central market where she works as a seamstress. She makes clothing and sportswear to earn a living. She has three children in her care and lives with her husband who works as a carpenter at a furniture manufacturer.

She is requesting a loan to buy materials to make clothing and to buy an overlock/serger machine. This will help increase her work and generate more income to give her family better living conditions.
View original language description ↓
La señora Margarita tiene 33 años de edad, vive en el municipio de Monteagudo, en su propio domicilio y trabaja en un ambiente en alquiler en la zona del mercado central, su actividad es la confección de ropa de vestir y deportivas de donde proviene sus ingresos, tiene tres hijos que depende de ella, actualmente vive con su esposo quien trabaja en su taller de carpintería en la fabricación de muebles. Ahora solicita un crédito para la compra de materia prima para confección de prendas de vestir y compra de maquina overlock y collareta, con todo esto podrá incrementar su trabajo y generar mayores ingresos para proporcionarle 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.


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
  • 139
    View loans »
    Bolivia Loans Fundraising
  • $33,260,900
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $3,075 helped Margarita to buy materials to make clothing and an overlock/serger sewing machine.
45% repaid
Repayment Term
51 months (Additional Information)
Repayment Schedule
Nov 28, 2013
Dec 30, 2013
Currency Exchange Loss: