expired

Total loan: $4,325

Siempre Activos Group

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Cuatro cañadas, Santa Cruz Department, Bolivia / Food

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A loan helped to purchase wholesale baking supplies in order to produce a greater volume of cuñapes [pastries made of yucca flour and cheese] to increase her sales.


Siempre Activos Group's story

Maria is 53 years old. She lives with her partner and has one child, who is in school. Her business is selling bread. She does her work in Cuatro Cañadas, known as the soy capital of the country. It is located 120 kilometers from the city.

Maria (standing on the left holding a notebook in her hand) and her family live in their own house. Because of the seasonal commercial opportunity, she decided to form a group of entrepreneurs in order to improve their businesses. Their businesses are a hair salon, an ice cream store, a store that sells natural refreshments, a neighborhood store, a store that sells gelatin, and a tailor’s shop.

Maria’s business is selling baked goods, such as cuñapes, which are pastries made with yucca flour and cheese. They are very popular accompanied by a cup of coffee. She makes her sales by traveling through the busy areas. To improve her sales, she needs to offer a larger volume. Her advantage is that her product is very popular and in demand. The problem is meeting the seasonal demand. Her dream is to open a store in order to stop traveling.

She wants to produce a higher volume of cuñapes to increase her sales. With this loan, she will purchase wholesale yucca flour, corn flour, and cheese. This is the first loan that she is receiving from the institution in the three years she has been in this business. It is for these reasons that Maria is requesting a loan to purchase wholesale baking supplies in order to produce a greater volume of cuñapes and increase her sales.