100%

funded

Total loan: $3,975

Bonanza Group

Flag of Bolivia
Santa Cruz de la Sierra, Santa Cruz, Bolivia / Food

Bonanza Group's loan finished fundraising,
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A loan helped to buy bakery supplies for baking traditional pastries.


Bonanza Group's story

Gabriela is a 32-year-old woman. She lives with her partner and has two children, ages 8 and 16. Her business is a cake shop. She is indomitable, romantic and ready to give her all, whether crying or laughing. She travels her path carefully, hoping to transform any failure into success. She carries out her business in the “Plan 3000” neighborhood, which is known for taking in the survivors of flooding on the river. Today the area has been transformed into a major manufacturing center. Gabriela appears to be a burnt-skin princess with lips like a juicy fruit and soft, delicate black hair (on the center right, dressed in a pink top and wearing glasses). Her native tongue is like a romantic poem that her mother sang into her ear; she only uses it with family members. She shares her life with her partner, who works in the same business, and with her children, who are in school. They live in a rented room built of bricks. It has potable water, electricity, and sewage service, because that area is completely urbanized. The desire to improve her business has lead her to create an entrepreneurial board. The members’ businesses are: food sales, used clothing sales, sales of natural health products, drinks sales, electrician’s workshop, empanada sales, and sales of dairy products. Her business is a traditional bakery. Her main product is the “cuñapé,” which is part of the traditional “horneaos" of the local gastronomy. It is served with coffee or tea and helps one to enjoy the hot afternoons in the area. Every afternoon in her bakery, located just a few meters from the river, there is a captivating aroma. This exquisite and unmistakable smell of just-baked culinary delights escapes and mixes with the smell of the firewood. She says, “The best approach is to have it alongside a cup of hot coffee…” Her business is successful because it is part of the local culture. Her business’s advantage is that her sales are made daily, while her challenge is a lack of different types of flour such as yucca, corn, and rice flour, as well as other ingredients such as cheese and leavening. Her dream is to strengthen her business and sell in bulk. She wants to buy bakery supplies. This is her first loan with the institution and her first year in business. It is for these reasons that Gabriela is asking for a loan: to buy bakery supplies for baking traditional pastries.