Total loan: $3,350

Espinoza Melendrez

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Monteagudo, Chuquisaca Department, Bolivia / Food

Espinoza Melendrez's loan finished fundraising,
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A loan helped to buy equipment for her bakery.

Espinoza Melendrez's story

Greissy, 20, lives with her parents in Monteagudo, a rural town in Chuquisaca. She has no dependents and her income goes to meeting the modest needs of her and her family. She is applying for a loan that she will use to start a new business making cakes and pastries. She is counting on the skills she learned at the Jorge Vargas Menduina alternative school to build what is, in fact, a bakery business.

Greissy will use this loan to buy the equipment and supplies she needs to make cakes and pastries. The investment will give her a new source of income, allow her to work at home and provide a higher standard of living than before.