Total loan: $2,800

La Realeza Group

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

La Realeza Group's loan finished fundraising,
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A loan helped to buy an industrial oven.

La Realeza Group's story

The Communal Bank “La Realeza” (The Royal Family) consists of eight members, seven women and one man.

The bank president is Sra. Elva. She is 62 years old and has five children who are all independent. Sra. Elva prepares and sells bread. She has a bakery that is located in the town of Paurito. The loan she is receiving is her first with Emprender. Sra. Elva will use the loan to buy an industrial oven so that she can provide better service to her customers and increase her earnings. Her reason for requesting this loan is so that she can continue improving her business.

By utilizing the benefits of these loans, Sra. Elva will continue to buy utensils and supplies for making bread. She is a hardworking individual and is pleased with the opportunity that has been given to her and her fellow group members. Some of them are the only ones providing support for their families.