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Prima
Prima is 32 years old. She lives in the municipality of Monteagudo. She works in her own home. Her activity is making clothing and sportswear, from which she obtains the income for the wellbeing of her family. She has two children who depend on her. Currently she lives with her husband who works as a contract bricklayer. Given that she doesn’t have many resources she is requesting a loan to purchase raw material (fabric and thread) and two sewing machines. In this way she will be able to increase her work and generate greater income for her family.
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La señora Prima tiene 32 años, vive en el municipio de Monteagudo, trabaja en su propio domicilio, su actividad es la confección de ropa de vestir y deportiva, de las cuales obtiene sus ingresos para el bienestar de su familia, tiene dos hijos que depende de ella, actualmente vive con su esposo, quien trabaja de albañil como contratista. Dado que no tiene muchos recursos solicita un crédito para la compra de materia prima (telas e hilos) y dos máquinas de coser, de esta forma podrá incrementar su trabajo y generar mayores ingresos para 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.

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About Bolivia

  • $5,500
    Average annual income
  • 209
    View loans »
    Bolivia Loans Fundraising
  • $31,401,400
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $3,050 helped Prima to purchase raw materials (fabric and thread) and two sewing machines.
100% repaid
Repayment Term
51 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 16, 2013
Listed
Jan 15, 2014
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2014