100%

funded

Total loan: $5,725

Amistosas De Rio Seco Group

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

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A loan helped to buy cooking supplies in order to stock her food stand and to use the profits to help her children at school.


Amistosas De Rio Seco Group's story

Yudith, age 44, is single and has three children; ages 6, 12, and 16. Her business is selling traditional food. She is a good mother. She is kind, generous, optimistic, responsible, and very hard-working. She conducts her business in the ‘El Torno’ area, which is 32 kilometers southeast of the city. It is the citrus capital, and it has a production of five thousand hectares. The climate is sub-tropical with a temperature that varies during the day between 18-24 degrees centigrade.

Yudith has a dark complexion, brown eyes, and long black hair that she ties back. She is short and robust. Her native tongue is Guaraní, which she speaks with her family. She speaks Spanish with the general public and for the business that she does. (She is standing next to the man, and she is wearing black.)

She lives with her children, who go to school. They live in their own house, which is made of sheet metal and wood. The roof is corrugated sheet metal, and there is a brick floor. She has running water, electricity, and indoor plumbing.

Her desire for self-improvement led her to form a communal bank of people with business activities like making handicrafts, selling natural medicine, carpentry, selling cheese, making hats, selling second-hand clothes, leather handicrafts, selling soft drinks, selling eggs, and selling baby clothes. They formed the communal bank in order to request a loan and improve their business activities.

Her business is selling traditional food, which she does from Mondays through Saturdays. She does this midday at her fixed stand in the open air. The traditional foods that are in the most demand are ‘locotos rellenos’ (peppers, ground meat, onions), rice with cheese (rice, milk, and cheese), and ‘ají de panza’ (tripe, onion, tomatoes on rice). “Cooking is pretty tiring work. All of the preparation demands time. That is why I need to be completely stocked,” she says.

The advantage of her business is her daily demand. The disadvantage is the lack of capital to buy cooking supplies like cooking oil, rice, noodles, cassava, and meat, etc.

Her dream is for her children to become professionals.

She wishes to stock her business by purchasing supplies like cooking oil, rice, noodles, eggs, meat, potatoes, and freeze-dried potatoes, etc. She will do this in order to sell her food continuously and improve her sales. This is her fifth loan cycle with the institution in the ten years she has been engaged in this business activity.

It is for these reasons that Yudith is requesting a loan to buy cooking supplies to stock her food stand. With the profits she will help her children in school.