Week Number Two!

Well another week has come and gone. It's actually really surprising how time can seem to go by so quickly. This week Dallin and I spent some more time visiting businesses, including the ever famous Panaderia in Huanchaquito, Peru. The Panaderia is still doing well and they are about to finish paying off another loan.
We also spent a lot of time working on the financial projections of the business plans that will be
presented this June to qualify for a loan. We have really been able to make some progress and are glad to be making a difference. One project that I was able to work on a lot this week was on Luis' plan for a mini market. To start off, I was very impressed with Luis and all of the time and effort he has been put in to this project. Luis wants to start a mini market in a new subdivision. The subdivision is part of government subsidized program that will be housing close to 200 families starting in July. After those houses are filled the project will continue to build close to an additional 800 housing units. Luis believes that by starting a mini market right at the beginning that he will be able to run a successful business and continue to grow as the housing development grows. He is a hard worker and shows a lot of potential and that is why Dallin and I want to do all we can to help him and all the other loan applicants to be as successful as possible.