Total loan: $4,150

2 De Agosto Group

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

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

A loan helped to buy cooking supplies in order to cook and pay for the preschool expenses of her young child.

2 De Agosto Group's story

Deysi is a 48-year-old woman who lives with her partner and has three children who are 5, 9, and 14 years old. Her business is selling traditional foods. She is a good mother, entrepreneurial, dynamic, friendly, responsible and very hard working. She runs her business in a well-known market, located in the northern part of the city, which is known for its many offerings such as: beauty salons, clothes, shoes, purses and accessories, jewelry, flowers, gifts, groceries, dairy products and cold cuts, meat products, household appliances, cell phones, food, snacks, etc. The warm, sub tropical climate of the area has varied temperatures throughout the day between 21 – 35 degrees Celsius.

Deysi has an olive-skinned complexion, brown eyes, long brown hair, is short, thin, and her mother tongue is Guarani which is spoken in the area. Because of the general culture and to run her business, she also speaks Spanish. (She is the woman, third from the right, wearing a blue blouse and light blue pants, with a brown purse). She lives with her partner who works as a driver and her children; the two oldest children study in school and the youngest is currently in kindergarten. They live in a rented room built of bricks and cement with a metal roof and cement floor. Their home has electricity, potable water, and plumbing.

Her desire to improve, due to the necessity of paying the academic expenses of her children, led her to join the community bank of people with businesses such as: sale of secondhand clothes, a key-making workshop, sale of bags and purses, peanut sales, sale of natural health products, plaster handcrafts, meat sales, sale of jewelry, and sale of dairy products, in order to ask for a loan and improve their businesses.

Her business is selling traditional foods such as: rice with cheese (rice, milk, and cheese), “majao” (ground jerky, boiled plantains, and rice), peanut soup (a peanut-based soup), “ají de panza” (beef, onions, tomatoes with rice). “I have cooked forever but I have this new business because of my son because I don’t have another way to care for him,” she says.

The benefit of her business is that the sales are daily and continuous. The disadvantage is that she is lacking the capital to buy cooking supplies such as: meat, jerky, yucca, rice, noodles, oil, etc. Her dream is to have the food stall most favored by the majority of clients in the area. She hopes to buy the cooking supplies to cook and pay for the preschool expenses of her youngest child. This is her first loan cycle with the institution in the five years that she has had this business. For those reasons, Deysi is asking for a loan to buy cooking supplies to cook and pay for the preschool expenses of her youngest son.