Total loan: $3,800
Fortaleza 27 Group
El Alto, La Paz Department, Bolivia / Clothing
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A loan helped to buy second-hand clothing wholesale to satisfy the seasonal demand.
Fortaleza 27 Group's story
Victoria is a 56-year-old woman. She is a widow who has 4 sons, ages 36, 30, 24 and 21, and one 22-year-old daughter. Victoria sells second-hand clothing. Victoria developed her business in the ‘Pacajes’ area, a strategic place characterized by its connection to various zones of the city through every type of transportation, a place where people agglomerate to find mobility to their homes. It has a cold, dry climate at an average height of 3800 meters above sea level. Victoria has a dark complexion, short curly black hair, and a short stature. Her native language is Aymará, and she speaks Spanish because of the general culture and the business she does (she is seated in the back line, next to the window, in a purple sweater). Victoria shares her life with her 2 youngest children because the rest are already independent. They live in a rented brick house that has potable water, electricity, natural gas, and sewer. Her dreams of improvement led her to lead a group of people with businesses such as: selling construction materials, weaving baby clothing, selling french fries, selling athletic clothing, running neighborhood stores, butchers, and selling sandwiches. She leads them in requesting loans and expanding their business activities. Victoria’s business is selling second-hand clothing. She started her business selling toys, and later branched into selling second-hand clothing. “The toys sell for a season; clothing sells constantly because of the price and its necessity…” she says. Victoria’s dream is to build her own house. She wants to invest in her business by buying second-hand clothes wholesale to satisfy the seasonal demand and please her clients. This is her first series of loans with the institution in the 10 years she has been working in this business. For these reasons, Victoria is applying for a loan to buy second-hand clothing wholesale to satisfy the seasonal demand.