Total loan: $7,550

Fortaleza Coraca Group

Flag of Bolivia
Cochabamba, Cochabamba Department, Bolivia / Retail

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

A loan helped to buy merchandise.

Fortaleza Coraca Group's story

Jacob is 24 years old and has a family, comprising his partner and a two-year-old daughter.

For some time, Jacob has made a living selling mobile phone accessories in a much-frequented part of the city. There, he met the other members of his loan group. Jacob has previously received a loan, which helped him to raise up his business at a critical moment. He is now applying for a new loan in order to expand his business by buying new merchandise and, with it, increase his income and improve his loved ones' quality of life.

In the medium term, Jacob dreams of saving up enough to buy his own house; he currently pays a monthly rent.

In the photo, only the managing board of the group appears owing to the pandemic.