100%

funded

Total loan: $5,800

Bolivia Group

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

Bolivia Group's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!


A loan helped To make papaya jam to fill pending orders.


Bolivia Group's story

Sonia is 30 years old and lives with her partner and four children, ages 3, 5, 7 and 7-months. Her business is selling fruit wholesale. She is a good mother, enterprising, independent, consistent, determined, responsible and very hard-working. Her business is set up in "El Torno" which is known for its commerce of farm products such as fruit, vegetables, meet, etc. wholesale and in bulk. Wholesale dealers buy fruit and vegetables by the truck-load which they deliver throughout the entire city. The climate is sub-tropical with an average temperature of between 21-35 degrees Celsius. Sonia has a dark complexion, brown eyes, long black hair which she wears tied back, is short in height and has a slim physique. Her mother tongue is Guarani which she speaks locally and she speaks Spanish for general purposes and because of the commerce in the city. (She is the one in the middle wearing red pants and a blue blouse). She lives with her partner who works in agriculture and their children. The eldest attends school and the youngest three are not old enough yet. They live in their own brick and concrete house which has a metal sheeting roof and dirt floor. It has electricity and well water, but there is no sewage system. The need to expand her business is what motivated her to set up a bank group that includes activities such as soft drink sales, artisan ice creams, fried chicken, land preparation for planting, yucca sales, seed sales and animal feed sales to request a loan and improve members' businesses. Sonia's business is selling seasonal fruit wholesale. Farmers deliver large quantities of fruit to her which she stores and sells wholesale. "I started out selling my own production and then I took orders and the business started stabilizing..." she says. The advantage of her business is that she sells wholesale. The disadvantage is the lack of money to increase her stock. Her dream is to grow her business by making "papaya jam". She believes it would be a good business because there is a high demand for the product, so she already has several orders. This is her first loan through the institution in the two years she has been in business. Sonia is requesting the loan to get started in the papapa jam business and fill pending orders.