100%

funded

Total loan: $3,425

Las Palmeras Group

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

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


A loan helped to buy furnishings and utensils.


Las Palmeras Group's story

Carmen is a 54 year old woman. She lives with her husband and has a 19 year old son and sells traditional Cruceña food. She is a good, organized, understanding, patient and hardworking mother who runs her business in el Torno, located 32 kilometers southeast of the city. Its streets are completely paved with homes built on both sides of the two-way street on which travelers to the center of the country travel. The climate is warm and sub-tropical with a temperature that varies between 21 and 35 degrees Celsius. Carmen has olive skin, brown eyes, and short black hair. She is short with a robust complexion and Guaraní is her native language, which is spoken locally, but she speaks Spanish culturally and in her business (seated to the left wearing a pink sweater). She is married and works with her adult son. They live together in their brick and cement home with the tin roof. They use well water that they pump out, electricity, but no sewage. The need to expand her business motivated her to head up a group of people with different businesses, such as fruit selling, welding, cell phone repair, salteña sales, dishware sales, second hand clothing sales, and bedspreads, in order to request a loan to improve her business. She sells traditional local food such as Cogote relleno (Creole chicken necks stuffed with potato), majao (ground salted meat, boiled bananas, and rice), peanut soup (peanut based soup), and other things. “My customers are reliable, they come at the same time every day…” she says. The advantage in her business is that she has regular customers. The disadvantage is that she needs furnishings and kitchen utensils so she can sell food to a greater number of customers. Her dream is to open a restaurant and wants to expand her business by buying kitchen utensils such as flatware, dishes, pots etc. Also some tables and chairs. This is her first loan sequence with the institution and she has been doing this for five years. This is why Carmen is asking for a loan to buy furnishing and kitchen utensils so she can serve more customers and improve her life.