100%

funded

Total loan: $4,500

Diamantes Group

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

Diamantes 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 every day.


Diamantes Group's story

Rita, age 39, is single. She has three children; ages 3, 6, and 15. Her business is selling food. She is a very good mother. She is generous and very self-sacrificing. She conducts her business in the southern part of the city. The area is known for its picturesque scenery and for its large and majestic trees. Rita has a dark complexion, is short, and has an average build. Her maternal language is Guaraní, and she speaks Spanish. (She is the second one on the right, and she is wearing an amber sweater.)

She shares her life with her children, who go to school. They live in a rented room built of wood with a tin roof and dirt floor.

Her need to improve her business led her to form a bank of people with businesses like selling second-hand clothes, locksmith, bakery, selling cosmetics, selling soft drinks, leather handicrafts, and selling cheese. Her business is selling food like 'patasca' [pork stew with corn]. This food is known for the time it takes to cook. "You need between 12 and 13 hours on the fire. This is to savor very early in the morning. Some people consume patasca as a cure for a hangover," she says.

The advantage of her business is that her food is very popular. The disadvantage is the lack of capital to buy cooking supplies like rice, noodles, meat, cooking oil, and others.

Her dream is to improve her business. She wishes to buy cooking supplies in order to cook every day. This is the first loan cycle with the institution in the one year that she has had this business. It is for these reasons that Rita is requesting a loan to buy cooking supplies in order to cook every day.