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Carmen Rosa
Carmen is 31 years old, married, and has three dependent children. She lives in the City of Monteagudo, where she rents her room and store. She obtained the qualification of making casual clothing and she works doing that. Now she requires a loan of 20,000 BOB (Bolivian currency) to buy basic materials and two machines. In this way she will achieve increasing her quantity of work and consequently will obtain better income in order to have better life conditions.
View original language description ↓
La señora Carmen tiene 31 años, es casada y tiene tres hijos dependientes, vive en la Ciudad de Monteagudo, donde alquila su cuarto y su tienda, obtuvo el título de confección de ropa deportiva y se dedica a eso. Ahora requiere un crédito de Bs. 20000 para comprar materia prima y dos máquinas, de esta forma lograra aumentar su cantidad de trabajo y por consiguiente obtendrá mayores ingresos para tener 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
  • 119
    View loans »
    Bolivia Loans Fundraising
  • $34,651,350
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $2,900 helped Carmen Rosa to buy basic materials and two machines.
41% repaid
Repayment Term
63 months (Additional Information)
Repayment Schedule
Oct 16, 2013
Nov 19, 2013
Currency Exchange Loss: