A loan of $1,500 helps to buy organic manure and seed potatoes, for future crops to improve her quality of life and thus improve her family’s living conditions.
Janeth is 18 years old, and works day after day in her farming. She lives with a partner, and completed only elementary school due to a lack of economic resources. She has one dependent and lives in her father’s house. The house is made with local materials and is rustic, with basic services such as electricity and water. The home is located in the San Isidro community in Tiraque province.
She earns a living farming, growing seasonal potatoes, green beans, and peas. “All these agricultural products are grown on approximately two irrigated hectares.”
Janeth finds herself needing to seek operating capital in order to buy organic fertilizer and seed potatoes so that she can improve her quality of life and family living conditions in the future.
This loan is special because:
More about this loan
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.