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Total loan: $4,575
Nueva Esperanza Ii Group
Santa Cruz de la Sierra, Santa Cruz, Bolivia / Food
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Nueva Esperanza Ii Group's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!
A loan helped To buy ingredients such as rice, noodles and potatoes.
Nueva Esperanza Ii Group's story
The "Nueva Esperanza" communal bank is made up of 10 members: six women and four men. The chair of the group is Sonia. She is 44 years old and has two children, ages 11 and 14. She sells food in an area of Nueva Esperanza. This loan is her second with the institution. Sonia is going to use this loan to buy ingredients at wholesale for making her meals, such as rice, noodles, potatoes and cooking oil. Her reason for requesting this loan is her lack of working capital. Sonia is going to use the profits to continue buying ingredients for making her meals. Sonia is a very hard-working person. She feels happy, and grateful to the institution for the support provided, as this is her only means of supporting herself.