100%

funded

Total loan: $3,050

18 De Marzo Group

Santa Cruz de la Sierra, Santa Cruz, Bolivia / Services

18 De Marzo Group's loan finished fundraising,
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A loan helped to purchase an industrial sewing machine to make assorted clothing and feed her children with the profits.


18 De Marzo Group's story

Laritza is a 21-year-old, single woman who has 2 children who are 1 and 6 years old. Her business is tailoring. She is a good mother, enterprising, independent, persevering, optimistic, responsible and very hardworking. She is developing her business in the “Plan 3000” zone; an area characterized by growing development in commerce and manufacturing in all areas. It is made up of communities of the guarayo tribes, farmers from the west and relocated miners. It has a warm, subtropical climate with a temperature that varies between 22 and 32 degrees Centigrade (71 and 90 degrees Fahrenheit) during the day. Laritza has a dark complexion, brown eyes and long black hair that she wears tied at the back. She is of short statures and has a thin build. Her mother tongue is Guaraní which she speaks with her family and she speaks Spanish in the general culture and in business. She is standing on the right, wearing a pink t-shirt and black pants. She lives in the house of her relatives that work; they live in a small flat built of brick and cement with a corrugated iron roof and brick floor that has potable water, electricity and a sewage system. Her desire to get ahead drove her to lead a group of people with businesses like making knitted items, selling fish, construction services, selling empanadas, selling cosmetics, selling seasonal clothing, and making loom-woven items, in order to request a loan and improve their businesses. Her business is tailoring; the process that she carries out begins with an interview with the client where they select the design, she takes measurements, makes the pattern and proceeds to cut. Once assembled the details are adjusted and she delivers the garment. “We do all kinds of work, adjusting lengths and widths and making clothing, too,” she says. The advantage of her business is that she has a group of established customers; the disadvantage is the lack of capital to purchase of an industrial sewing machine. Her dream is to open a shop to sell her clothing. She wants to expand her business through the purchase of an industrial sewing machine to make various items of clothing. This is her first loan sequence with the institution in the 3 years that she has been working in this business. For these reasons Laritza is requesting a loan to purchase of an industrial sewing machine: to make various clothing and with the profits feed her children.