100%

funded

Total loan: $4,350

10 De Abril Group

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

10 De Abril Group's loan finished fundraising, but these other borrowers need your support


A loan helped to buy soap, oil, bread, noodles, rice, paper, and other products to supply her store.


10 De Abril Group's story

Magaly is a 28 year old woman. She lives with her partner and has an 8 year old son. Her business is the neighborhood store.

She is enterprising, determined, and very independent. She runs her business in "El Torno," a rural area that is known for collecting the agricultural production of the area.

Magaly is of short stature with a dark complexion and long, jet-black hair (standing, the second one on the right wearing a brown sweater and a light-blue shirt). Her native tongue is Guaraní, which is spoken in the area, and she speaks Spanish within the general culture and for the business that she runs. The drive to improve her business pushed her to form an entrepreneurship bank. The member's businesses are: selling fruit, selling eggs, selling second-hand clothing, selling natural health products, selling cattle, selling seed, selling dairy products, and selling refreshments.

Her business is the neighborhood store where she sells food and basic products such as soap, oil, bread, noodles, rice, paper, etc. "The needs of my neighbors pushed me to start my business..." she tells us. The advantage of her business is that she doesn't have competition in the area. The disadvantage is the lack of capital to stock and supply her store.

Her dream is to strengthen and stabilize her business. She intends to buy food and basic products to supply her store. This is her first sequence of loans with the institution in the two years that she has been running her business.

For these reasons, Magaly is applying for a loan to buy soap, oil, bread, noodles, rice, paper, and other products to supply her store.