2010 - Bolivia - Ramiro Loza (Kiva)

This is an update on your loan to Ramiro Loza in Bolivia.

Thanks to you and 7 other Kiva Lenders, the $200.00 loan requested byRamiro Loza in Bolivia has been 100% funded. The loan will be used to purchase wood and varnish for his carpentry business.

Over the months of this loan, Kiva's Field Partner in Bolivia, IMPRO,
will be collecting repayments from this entrepreneur and posting
progress updates on the Kiva website.

You can view the loan profile here:
http://www.kiva.org/lend/192513?_te=j

Thanks for lending to the world's working poor on Kiva!

2009 - Bolivia - Evelin Medrano (Kiva)

I recently took up providing small loans via Kiva. I received the following update from one of the areas I supplied loans to. It is reproduced below...

Dear Colin,
This is an update on your loan to Evelin Brandy Almanza Medrano in
Bolivia.

Señorita Evelin B. Salazar Medrano is 19 years old. She is a single
woman and lives at the home of her parents. They live in a dairy-farm
zone not very far away from the city.

This morning, I had the opportunity to stop over at Evelin’s home to
see how this loan cycle has been going for her. Unfortunately, Evelin
was away from the house, but her mother Rosario was able to update me on Evelin’s loan.

With the loan from CIDRE, Evelin purchased a new dairy cow and more cattle feed, such as soy husks, for the livestock. The soy is very much needed, because Cochabamba has been suffering from a drought that has caused cattle feed prices to skyrocket. Evelin’s dairy cows have been doing great in their production, and she has had no trouble making her loan repayments in a timely fashion.

The loan has helped Evelin to grow her earnings, which helps as their
dairy cooperative is currently in the process of purchasing a
‘modulo’ (large, metal milk container and preserver). Evelin is
contributing some of her earnings, along with the other cooperative
members, so that they can purchase this tank. The ‘modulo’ will help
all members of the dairy cooperative preserve their milk and maintain a higher quality of milk when selling to the local dairy company, Pil.