100%

funded

Total loan: $3,700

L.d.s Group

Santa Cruz de la Sierra, Santa Cruz, Bolivia / Arts

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A loan helped to buy raw material to make handicrafts.


L.d.s Group's story

Brenda is a 24 year old woman who lives with her partner and has 2 children, ages 3 and 6. Her business is the selling of handicrafts.

She is the driving force of her family and is at every instant, in sicknesses and in birthdays, happy--even when she is suffering inside. She carries out her business in the southern area of the city that is known for housing the greatest part of the population and for the manufacturing production in all areas.

Brenda has tanned skin; she is fragile like glass, unique and brilliant, with jet black hair. Her eyes are like two stars that illuminate the air (she is seen in the back row in the center, with a blue blouse with animal print.) Her mother tongue is like a love song that her mother sang into her ear, and she only shares it with Guaraní family. She carries out her life in the company of her partner who works in the same business, and with her children who are starting school. They live in a rented room made of bricks that has potable water, electricity, and sewage. The family is very unified and enjoys Sundays doing community support activities in the church.

The desire to improve their work led the group to put together a banking venture. The businesses of the members are: selling food, selling boiled drinks, a bakery, selling natural health products, selling empanadas, a locksmith's shop, and a neighborhood store.

Brenda's business is the sale of handicrafts; she creates items, with great dexterity and ability. The works that she produces have esthetic and utilitarian value, like frames, figures, ashtrays, vases, etc. This is work that she inherited from her parents, and they from her grandparents, as a family tradition. "Handicraft production isn't profitable, but it helps us to survive. Many artisans have had to emigrate away to search for a better salary to feed their families..." she comments.

Her business is successful because she uses raw materials of high quality. The advantage of her business is that she makes decorations and other useful items that tourists appreciate. The disadvantage is the lack of capital to produce a larger quantity. Her dream is to open a store stocked with handicrafts. She desires to buy raw material like wood, leather, paint, glue, and other items. This is her first sequence of loans with the institution in the 5 years that she has done this work.

It is for these reasons that Brenda is seeking a loan to buy raw material to make handicrafts.