Rebecca Cranston

Presto has officially partnered with the city government of Tumupasa, Bolivia, an indigenous village eager to build a stronger future for its citizens. This collaboration focuses on providing loans that help local people create opportunities and improve their lives. The partnership marks a significant step toward supporting economic growth and self-sufficiency in this vibrant community. Understanding Tumupasa and Its Community Tumupasa is a small indigenous village nestled in the Bolivian...

The agricultural sector has long been a cornerstone of many economies, yet it often remains underserved by traditional financial institutions. Presto’s decision to explore agriculture as a new area for loan recipients opens fresh possibilities for farmers, agribusinesses, and rural communities. This move not only supports growth in agriculture but also diversifies Presto’s loan portfolio, creating a win-win situation. A tractor planting seeds on a farm field, illustrating agricultural loan...

When Ibert and Daniela became Presto’s first borrowers, they had a clear vision but limited resources. They took a loan to purchase a lathe, a specialized machine for mechanical work, and today they have fully repaid that loan ahead of schedule. More importantly, the lathe has become a cornerstone of their growing mechanic shop, enabling them to work efficiently on motorcycles and cars. Their story offers valuable lessons for anyone looking to turn a financial opportunity into lasting...