100%

funded

Total loan: $4,525

Nuevo Amanecer Group

El Alto, La Paz Department, Bolivia / Food

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A loan helped to repair her boat in order to fish with greater safety.


Nuevo Amanecer Group's story

Susy is a 41-year-old woman and is married. They have one son, who is 21, and two daughters, who are 16 and 22. Her business is fishing. She does her work in the town of Chua Cayacoto, which is situated on the shores of the sacred Lake Titicaca. Susy shares her day with her husband, who works in the same business, and with her children, who go to school and work in fishing. (She is seated center left holding a soda in her hand.) They live in their own house, made of adobe, which only has electricity because there are no other utilities in the area. The desire to improve her business brought her to lead the group. The businesses of the members are: raising cattle, raising sheep, farming, making cheese, making freeze-dried potatoes, quinoa sales, fried fish sales, and selling alpaca wool. Her business is fishing. It is a job that she performs at the lake using nets. She starts her work day very early in the morning in order to sell the fish at noon. “I work with my husband and at other times with my children. We all take turns to accomplish the work day,” she says. Her business is successful because there is good demand. The advantage of her business is that she sells quickly at the same location. The disadvantage is the deterioration of the boat. Her dream is to improve her working capital. She wants to fix her fishing boat. It is for those reasons that Susy is requesting a loan to repair her boat in order to fish with greater safety. This is the first sequence of loans with the institution in the 20 years that she has had this business.