Total loan: $3,800
Los Mangales Group
Santa Cruz de la Sierra, Santa Cruz, Bolivia / Food
Flag of Bolivia
Los Mangales Group's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!
A loan helped To buy wholesale cooking supplies and use the profits for her children's education.
Los Mangales Group's story
Yoly, 32, is single and has four children, ages 12, 8, 6 and 4. Her business is selling food. She is an enterprising, independent, responsible, hard-working good mother. Her business is located in and area called "El torno" which is known for its commerce of rural products such as fruit, meat, animals, seeds and all types of farm and livestock trade. Yoly has a dark complexion, long black hair, is of medium height and her native tongue is Spanish. But she does know Guaraní through her family (she is in the center of the photo in a pink top). In order to generate more income for her family's well-being, Yoly set up a communal bank with people in different businesses but with similar loan needs. She has a food stall and sells typical dishes such as "majao" (rice), peanut soup, "locro" (stew), etc. Her work starts the night before when she prepares the meat, seasonings, pealed potatoes, etc., so the next day everything is ready. She has been in business for over two years. Her dream is to see her children become professionals. She wants to buy cooking supplies such as rice, potatoes, noodles, etc. wholesale to generate more income for the household and pay for her children's education. Yoly is requesting a loan to buy wholesale cooking supplies so she can use the profit to pay school costs.