Monday, April 30, 2007

Finally... Bolivia!


Ciriaca Colque is her name. She runs a milk transport business that brings milk from the farms in the Altiplano of La Paz to the local Pil Andina diary factory, in El Alto, Bolivia. El Alto literally means "The Height", and high it is: 4150 meters (13,615 feet). This is where the international airport of La Paz is located. If you're gasping for air to jump on such an opportunity: slow down, take a breath. A nice warm cup of Mate de Coca will help you adjust to the lack of air.

El Alto can be a bit volatile, politically speaking. Since it is an important part of Bolivia's transportation network, it was often a flashpoint between past business-oriented governments and left-wing indigenous organizations. Violent protests occured, and El Alto played an important role in the Bolivian Gas War, which ended when the current president Evo Morales came to power.

I invested my biweekly contribution in her business. Want to contribute too?, or maybe help someone other entrepreneur in need?

Sra. Ciriaca, ¿kunjamaskatasa? ¡Le deseamos mucho exito en su negocio! ¡Yuspagara, Jakisiñkama!
(OK--- take a guess what it said, what language (I'll give you Spanish as one of them) and post your response in the comments...)

3 comments:

Anonymous said...

I too am participating in this loan. I am interested in watching how the various local MFIs in the each region operate (diversification of small businesses, collections, timeliness of reporting, etc.) A working capital loan seemed to be a good place to start in Bolivia.

peace,

Michael

Ramon said...

Hi Michael,

Thanks for your comments! I see that your loans are very nicely diversified... :)

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