Total loan: $1,500


La Paz, La Paz Department, Bolivia / Food

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A loan helped to buy tables and chairs to grow her snack bar and serve to a greater number of clients.

Margarita's story

Margarita is a single 52-year-old woman who has a 10-year-old daughter and a business running a snack bar. She is a good mother, entrepreneurial, tenacious, responsible and hard-working. She runs her business in the zone of Villa Fátima, an area characterized by wholesale trade; pickup trucks full of fruit, vegetables and meat arrive from north of the city to sell them at wholesale. Margarita is dark-skinned and has long, black, braided hair. She dresses traditionally (shall, pleated skirt and hat), her first language is Aymara and she speaks Spanish for business. She lives with her daughter, who studies in school. They live in their own home with electricity and water bought from a tanker truck. Her business is selling assorted food like breakfast (coffee and bread), sandwiches (egg sandwiches, avocado sandwiches, cold cut sandwiches, etc.), carrot juice, smoothies (banana smoothies, apple smoothies, etc.) and more. "I started my business selling refreshments and little by little it grew, now I have more clients and better income." Her dream is to build a large snack bar where she can sell a variety of foods. She wants to grow her business by investing in tables and chairs to serve her clients more comfortably. This is the first series of loans with this institution in the two years that she has been running the business. It is for this reason that Margarita is asking for a loan to buy tables and chairs to grow her snack bar and serve a greater number of clients.