Guadalupitas Group

Thank you for your loan. It has been disbursed to the MARIA LUZ ARUZCA MENACHO group, consisting of MARIA LUZ, JUANA, SANDRA, HUGO ANTONIO, EDUARDO, LUISA, JANETH, SEGUNDINA, EMMA, TERESA, JULIA JEANNETH, NEYDI, SONIA EPIFANIA by Fundación Agrocapital, a partner of ACDI/VOCA in Bolivia. We are excited to watch this business grow. Over the 5 months of this loan, Fundación Agrocapital, a partner of ACDI/VOCA will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.

Today, I had the opportunity to meet with Guadalupes group and speak to them about their businesses.

Luisa sells bathing suits, chocolates, and other products walking around in the market, and she used her loan to buy more capital to sell. She told me that her profits have increased a little bit and she has “lifted herself up” a bit. She has three children and would like to buy a house in the future.

Janeth and her husband buy used oil from gas stations and sell it to refineries that recycle the oil, and they then sell this oil to the gas stations once again. Normally, her husband drives the van while she goes in the oil factories to negotiate prices since they know her well. They have had this business for ten years, and Janet used the loan to be able to buy oil in larger quantities, which has improved their business quite a bit. They have been using the profits to pay for her daughter to study law and her son to study petroleum engineering. In the future, she says that she would like to lift her family up a bit more, since they are always lacking in something.

Teresa’s husband has his own car shop next to their home, and Teresa sells car parts in his shop. She used her loan to buy more car parts (motors, etc) in quantity to sell, which has increased her income. She has used much of her profits on her five school-age children to buy school materials and other necessities. In the future, Teresa plans to build a two-room home on a plot of land they already have. “One room for me and my husband, and one room for the kids. That should be enough for now,” she told me. Then, she would like to open up her own food store next to her house so she can have that business in addition to the car parts business.

If these entrepreneurs interested you, consider lending to more AgroCapital clients here.