100%

funded

Total loan: $3,300

El Bi Group

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

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


A loan helped to buy an industrial oven in order to produce more bread and improve her sales.


El Bi Group's story

Eugenia, age 38, is single and has a 21 year old son. She has a bakery business. She is a good mother, enterprising, and very determined. She conducts her business in the Cotoca area. This is a rural area known for the the sanctuary of the Virgen patron of the city.

Eugenia has a dark complexion and long, straight, black hair. She is short. (She is seated, second from the right, and is wearing a striped blouse.) Her native language is Guaraní, and she speaks Spanish. She shares her life with her son, who goes to school and works. they live in their own house, which is made of wood. They have electricity and well water.

The need to improve her business took her to form a bank of people with businesses like a neighborhood store, leather handicrafts, making hats from Sao palm, selling food, selling second-hand clothes, an auto repair shop, selling vegetables, and selling natural products.

Her business is a bakery. She engages in this business activity every day of the week in the kitchen of her house. She sells in an itinerant manner. "I have orders, and I make deliveries to the market," she says. The advantage of her business is that she has steady customers. The disadvantage is the lack of money to buy an industrial overn with four drawers.

Her dream is to hae more customers and to sell more. She wishes to buy an industrial oven with four drawers in order to produce more bread and improve her sales. This is her second loan cycle with the institution in the two years that she has been engaged in this business activity. It is for these reasons that Eugenia is requesting a loan to buy an industrial oven in order to produce more bread and improve her sales.