100%

funded

Total loan: $5,150

El Paraiso Group

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

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


A loan helped to purchase cooking supplies in bulk in order to stock her business and keep going.


El Paraiso Group's story

Sabina continues with her business selling snack foods. She invested her previous loan in the purchase of tables and chairs for her business. Her loan payments were on time because her sales improved and she didn’t have any problems. For this loan opportunity, she is leading the entrepreneurial bank. The entrepreneurs’ businesses are: selling blended juices, selling cell phones, selling soft drinks, selling cosmetics, selling food, selling second-hand clothing, plaster crafts, textiles, selling natural medicines, and making straw hats. Her business grew due to the improvements she managed to make. Her customers come frequently and daily. She says, “I expanded my business, buying furniture. Sales increased and the ingredients run out every day.” The advantage of her business is that her sales are daily and ongoing. The disadvantage is the lack of capital for buying supplies and ingredients such as flour, rice, beans, oil, etc. Her dream is to keep improving her business for the good of her son. She wants to purchase ingredients in bulk in order to stock her business and keep going. This is her second loan cycle with this institution in fifteen years of running this business. It is for these reasons that Sabina is asking for a loan: to buy ingredients in bulk in order to stock her business and keep going. She is pictured standing in the center, dressed in a pink sweater with a black handbag.