100%

funded

Total loan: $4,075

Gotitas De Ilusion Group

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El Alto, La Paz Department, Bolivia / Arts

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A loan helped to bulk-buy alpaca wool so that she has a constant supply of material to work with.


Gotitas De Ilusion Group's story

Veronica is a 24-year-old woman who is single, has no children, and has a business making alpaca wool blankets. She is independent, enterprising, reliable, responsible and hard-working. Her business is in the ‘villa ingenio’ area, a place characterised by trade of all kinds and by the traditional fair that is held there every Thursday and Sunday, where they say that you can find everything from a needle to sew with to a to a tractor to plough with. The climate is cold and dry with a temperature that varies during the day between 2ºC and 14ºC throughout the year. Veronica has an olive complexion, long black braided hair, a small stature and a robust physical appearance. Her mother tongue is Aymara and she speaks general-knowledge Spanish (she is the one sitting in the centre wearing a white sweater). She carries out her life in her parents' house, which belongs to the family, is made of sun-dried brick and building bricks with a corrugated iron roof and has running water, electricity, household gas and a sewage system. Her desire to get ahead led her to head a bank for business people to ask for a loan and expand their businesses. They have the following businesses: a welding workshop, a car upholstery business, smoothie sales, mobile phone cover sales, coca leaf and quinoa juice sales. She makes alpaca wool blankets, an artisan craft which she inherited from her family; she weaves every day using a loom which is approximately 1X2 meters. The whole process is done by hand. She buys the wool spun and washed so it is ready to work with. She comments: “I do it by hand because that is what my customers demand. I have customers that come from abroad just to buy blankets…”. Her dream is to have her own spacious workshop. She wants to bulk-buy alpaca wool so that she has a constant supply of material to work with. This is the first loan sequence with the institution in the year that she has been running the business independently. It is for these reasons that Veronica is asking for a loan to bulk-buy alpaca wool so that she can have a constant supply of material to work with.