Total loan: $1,500
Santa Cruz de la Sierra, Santa Cruz, Bolivia / Food
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A loan helped to buy groceries such as flour, sugar, and corn to stock her business.
Nicolaza is a 30 year old single woman. She has 4 children aged 5, 8, 12, and 14 years. Her business is selling groceries. Her work takes place in the rural area of El Torno. Nicolaza lives in the family house built of adobe that has basic services. Her business is selling groceries such as rice, wheat, corn, noodles, oil, flour, butter, and other items. She buys groceries per quintal and sells it at retail by weight. She began this activity when she migrated from the countryside to the town. Previously she worked as a maid and a cook. “My customers buy daily to cook right away as the warm climate spoils food and so it is good for retail sales,” she says. Her business is successful because supplies are sold daily. The advantage is that she has regular clientele. The disadvantage is supplying the business continually. Her dream is to have the store provisioned. She wants to buy groceries such as flour and rice. This is the first sequence of loans with the institution in the three years she has been doing this activity. It is for these reasons that Nicolaza is asking for a loan to buy groceries such as flour, sugar, and corn to supply her business.