Increase SOS Fund to Save Expiring Microloans

This is a recent loan that has been repaid to the revolving account that Poverty 2 Prosperity has to lend to entrepreneurs around the world.  This loan is a group loan, so we contributed to several borrowers that wished to improve their families's lives.  Thank you so much for contributing toward our efforts to help families help themselves by creating jobs.  These jobs contribute toward better housing, sanitation, health care access and education.  Here is the description of one of our borrowers:

Elisa is a single, 40-year-old woman. She has two children who are 8 and 16 years old. Her business is the sale of cuñapes [cheesy bread balls].

She is a good mother, independent, and very hard-working. She does business in the town of Puerto Pailas, a rural area that specializes in handicrafts and gastronomy.

Elisa is tanned and well-built, with long hair. Her mother language is Guaraní, and she speaks Spanish. She lives with her children, who attend school.

The need to improve her business made her start a communal bank of people with jobs such as police uniform sales, a cleaning service, cereal sales, legging sales, diaper sales, sporting clothes sales, and livestock (cattle and pig) sales.

Her business is the sale of cuñapé, which is a small roll made of yucca flour with cheese. It is very popular at any hour of the day. "I bake at night and sell during the day," she says. The advantage of her business is that the sales are daily; the disadvantage is the lack of capital to purchase cooking supplies such as yucca starch, milk, cheese, leavening, etc.

Her dream is to improve her sales. She wants to purchase cooking supplies to bake cuñapes. This is her 1st loan cycle with the institution in the 20 years that she has been in this business.

For these reasons, Elisa is requesting a loan to purchase cooking supplies to bake cuñapes.