Total loan: $5,475

Mapaiso Group

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

Mapaiso Group's loan finished fundraising,
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A loan helped to buy staple food and items to stock a general store and serve many customers.

Mapaiso Group's story

Elva is a 36 year old woman. She lives with her partner, and has 4 children ages 1, 3, 11 and 16; her business is selling staple goods and food in a general store. She is a good mother, kind, patient, generous, dedicated, responsible and hardworking. Her business takes place in 'Cotoca,' a special place for its residents, because there is an altar of the Virgin; The legend tells that the Virgen’s image was found by two farmers who saw a glow coming from inside of a tree trunk and when they came close, they found the image of the Virgin. It has a warm subtropical climate with day temperature between 21-35 degrees Celsius. Elva has a dark complexion, with brown eyes and black long hair that she ties; she is short in stature and has a robust build. Her native language is Guaraní, which she speaks with her family. For business and general knowledge, she uses Spanish. (She is standing at center , dressed in black and with crossed arms). She enjoys her life with his partner, who works as a driver, and her children; The oldest kids study in school and the youngest are not old enough to begin school yet. They live in a rented room built of wood with tin roof and brick floor and have potable water, electricity and sewage. Her desire to excel by the need to generate better income for her family took her to form an association with people in business such as making Sao hats, pottery crafts, weaving, selling natural health products, selling secondhand clothes, selling food, cleaning services, motorcycle taxi service and beauty salon, to request a loan and improve their activities. Her business is the sale of staple goods and food in a general store; She works in a neighborhood store in her own home where she sells food and basic items including refreshments, bread, sugar, candies, etc., "I work during the all week; for that, the sales do not stop, I have a successful business …," she says. The advantage of her business is that the sales are constant, but the disadvantage is the lack of capital to stock the store. Her dream is to expand her business to attend more clients; she wants to purchase staple goods and food to stock her general store. This is her 1st sequence of loans with the institution in two years she is doing this activity. For the above, Elva is requesting a loan to purchase staple items and food to stock her general store and serve many customers.