Total loan: $5,225
22-Alpaquitas De La 16 Group
El Alto, La Paz Department, Bolivia / Housing
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A loan helped purchase a small piece of land to give her children a place to live.
22-Alpaquitas De La 16 Group's story
Esperanza is a 34 year old woman, she is single and has an 8 year old son and a 14 year old daughter. She makes a living selling typical food dishes. She is enterprising, independent, consistent, patient, of good character, responsible and hard working. She works in the populous "Gran Poder" zone, a place characterized by its abundant commerce and the "Señor Jesús del Gran Poder" festivity, a traditional, costumed celebration that is an extraordinary folkloric demonstration in honor of the image that is venerated in the area's temple. Esperanza is tan skinned, has short, braided, black hair. Her native tongue is Aymara and she speaks Spanish for commerce (she is seated on the left with the pink sweater). She lives her life with her two children, both students, and they live in an old home where she has electricity, water, gas and a telephone. Her need to prosper in her business led her to establish a communal bank of people who make a living in a variety of ways such as: selling jackets, knitting baby clothing, selling french fries, selling sportswear, running a small neighborhood store, running a butcher shop and running a video store. Her intentions are to request a loan and improve their commercial activities. She personally makes a living selling typical lunch dishes such as: saice (ground beef and rice), plato paceño (corn on the cob, potatoes, broad beans, cheese and meat), trucha frita (fried trout), revuelto (french fries, ground beef, peas and rice), sajta de pollo (spicy chicken) and others. She sells them out of a stand that she inherited from her mother more than twenty years ago. This is the first sequence of loans with the institution in all the time that she has been cooking. Her business enjoys regular clients that work in the area and eat there every day. She also distributes food to the nearby stores that work during the whole workday. Her dream is to have a renowned chain of restaurants. She wishes to invest all of her life savings in the purchase of a small piece land in the city of El Alto to build a a house and leave it as inheritance for her children. This is the reason that Esperanza is requesting a loan for the purchase of a small piece of land to give her children a place to live.