100%

funded

Total loan: $3,425

Las Princesitas Group

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

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A loan helped to buy hairdressing supplies in order to work as a mobile hairstylist.


Las Princesitas Group's story

Cecilia is 36 and single, with four children ages 10, 12, 15 and 19. Her business is hairdressing.

She is a good mother, independent, and very responsible. She does business in the ‘plan 3000’ neighborhood, home to rural migrants from around the country.

Cecilia is petite with a dark complexion and black hair (in the photo she is seated in the center, wearing a light blue blouse.) Her native language is Guaraní and she also speaks Spanish. She shares her life with her children, who are in school. They live in their own house, which is made of wood and equipped with all basic utilities.

The need to improve her business to pay for family expenses led her to form a communal bank made up of people with businesses such as: cleaning service, secondhand clothing sales, fabric making, tailoring, key making, food sales, and beverage sales.

Cecilia's business is hairdressing. She is a mobile in-home hairdresser. “I began my occupation working in a beauty salon, but the schedule was very difficult, and I had to become independent," she says. The advantage of her business is that she has regular clients. The disadvantage is the lack of money to buy supplies such as: scissors, shampoo, hairdryers, combs, brushes, and other items. Her dream is to have a beauty salon. She wants to buy hairdressing supplies in order to offer her services as a mobile hairdresser. This is her first loan sequence with the institution in the two years she has been in this business.

For these reasons, Cecilia is requesting a loan to buy hairdressing supplies in order to be a mobile hairstylist.