100%

funded

Total loan: $5,850

Patujucilla Group

Flag of Bolivia
Santa Cruz de la Sierra, Santa Cruz, Bolivia / Clothing

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A loan helped to buy second hand clothing and shoes wholesale so that with the profits she can pay for her children's college expenses.


Patujucilla Group's story

Florinda is a 55 year old woman. She is married and has 2 children. Her business is selling second hand shoes. She is a good mother, enterprising, friendly, patient, kind, responsible and very hardworking. She runs her business in the southern part of the city. It is characterized by being on the banks of a majestic river and for the traditional outings on the weekends and rustic buildings made from regional materials where one can eat traditional food and play sports. It has a warm, sub-tropical climate and a temperature that varied between approximately 21-35 degrees centigrade during the day. Florinda has olive skin and brown eyes. She uses glasses and has long, black hair that she wears tied back. She is tall and has a medium build. Her mother tongue is Guarani, which she speaks in her family, and she speaks Spanish in the general culture and for her business. In the picture, she is the fourth from the right, wearing a lilac blouse with horizontal stripes and lilac pants. She lives with her husband, who is a merchant, and with her two children, who are in college. They live in their own home, built from brick with a sheet metal roof. It has potable water, electricity and plumbing. Due to her drive to get ahead, she formed a bank of people with businesses such as a bread bakery, making sheets, selling cosmetics, manicures, selling dairy products, selling empanadas, and selling traditional boiled drinks. They formed the bank to ask ask for a loan and improve their activities. Her business is selling second hand clothes and shoes as a street vendor. Every day, she and her husband go to different markets and fairs in the southern part of the city, carrying sacks full of their merchandise. They put up a couple of umbrellas and set up their sales spots. The customers pass buy and buy their clothing constantly. “The prices we offer are much lower than for new brand name clothes...", she remarks. The advantage of her business is that the prices are competitive. The disadvantage is the lack of investment capital and the competition. Her dream is to open a clothing and shoes store. She wants to increase her working capital and buy some seasonal shoes wholesale to offer a wider variety to her customers. This is her third loan cycle with the institution in the 12 years that she has been doing this activity. For these reasons, Florinda is asking for a loan to buy second hand clothing and shoes wholesale and with the profits help her children to finish college.