Bolivia’s Lonabol expands sales network through new agreement

The Lotería Nacional de Beneficencia y Salubridad from Bolivia has signed a new agreement with the Cochabamba Vendors Union to expand its local sales network.
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The Lotería Nacional de Beneficencia y Salubridad (Lonabol) from Bolivia has signed a new agreement with the Cochabamba Vendors Union to expand its sales network at a local level.

María Nélida Acuña Segovia, Executive General Director of Lonabol, explained that the lottery entity signed an agreement that will allow 150 members of the vendors Union to sell tickets of the Cochabamba lottery.

As established in the contract, each lottery vendor will obtain 20% of the value of each ticket. Through this measure, Lonabol seeks to boost both the vendors and its own finances.

“The pillars of this entity are charity and health. This is why we have thought of different sectors to work together, generating jobs and bringing hope to every Bolivian through different prizes,” said Acuña Segovia, as local outlet Opinión reported.

The General Secretary of the Union, Javier Álvarez, said: “It’s been 70 years since our creation and we are flattered because Lonabol has taken us into account.”

After becoming the executive director of Lonabol at the end of November 2020, Acuña Segovia said that she will focus on updating the lottery ‘in accordance to the new digital and technological era that we are living in this world,’ in order to generate more ‘sources of employment and greater economic income for the state’.

“We will work tirelessly with great effort and efficiency, with ethics and transparency, to serve society’s most vulnerable sectors. We’ll make Lonabol an institution that restores hope and faith to all Bolivians,” she said.