100%

funded

Total loan: $3,225

Km 6 El Bajio Group

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

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A loan helped to buy cosmetics and clothes wholesale by catalogue.


Km 6 El Bajio Group's story

Florinda, 20, is a young single mother of two children who are aged three and five. She sells clothes and cosmetic products by catalogue. She is an enterprising, responsible and hard-working young woman as well as a good mother. She sells her products on the streets in the south of her city, which is a place well-known for its commerce. She has a dark complexion, long brown hair, is medium-sized and her native language is Spanish. She also speaks Guarani because of her family background (she is on the right of the photo, in a black top and beige shorts). She shares her life with her two children. One is already going to primary school. Thanks to her desire to overcome any difficulties in life, she has set up a communal bank with some other people in order to ask for a loan. Her business, as was said before, is the sale of cosmetics by catalogue as well as the sale of clothes. She visits fairs, offices, schools and other places where women often spend time together. These can include gyms, private schools, health centers, etc. She takes with her catalogues, samples, merchandise for delivery and other items that she is selling. Time is her main problem. She has to cover a big area looking for customers and as she also has to look after her children, which means that she often arrives late and misses appointments. This is her first loan and she has been in this business for a year. She dreams of having her own store for selling cosmetics and labelled clothes. She hopes to improve the capital her business has so she can offer more products and generate more income to improve the quality of life of her family. This is why Florinda is asking for a loan to buy cosmetics and clothes in bulk from catalogues so that she can pay for her children's expenses.