Sra. Daisy is a widow and has no children. She lives alone in her house. Daisy rents out part of the first floor to people who are also merchants. According to her, she is in urgent need of the money because she does not want to lose this opportunity to increase her inventory since prices are low at the moment and will go up in the next month right before Mother’s Day. During that month, she sells more when compared to other months.
About CIDRECIDRE 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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