Total loan: $1,025


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

Veronica's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!

A loan helped to buy an industrial oven to bake twice as much bread and improve her sales.

Veronica's story

Veronica is 36 years old, is single, and owns a bakery. She works in Plan 3000 which is located at the outskirts of the city where people seeking refuge from the overflowing river settled and converted it into a commercial center.

Veronica lives alone in a rented room. In the same place, she rents a room that she converted into a bakery where she has an oven, a table, and a variety of cans with which she bakes bread daily. She sells in bulk daily, to clients who own stores, and also sells from her house which is located in a high-trafficked area that is strategic for sales.

In order to expand and improve her business, she needs a wooden table and an industrial oven which would double her production capacity. The benefit is that she has daily sales but, the problem lies in expanding her business.

Her dream is to improve her business to its limit. She hopes to bake twice as much bread daily. With the loan, she will buy an industrial oven and a table to knead the bread. This is the first loan that she has received from the institution in the ten years that she has had this business.

It is for these reasons that Veronica is asking for a loan to buy an industrial oven to bake twice as much bread and improve her sales.