The place at the Beni rapids was discovered in 1846 by the Bolivian scientist
José Agustín Palacios. Attracted by the
rubber boom,
Nicolas Suárez Callaú set up his company's headquarters of a multinational rubber empire at
Cachuela Esperanza, with branches at
Acre,
Manaus,
Belém, and
London. He had a theater and tennis courts built, a luxury hotel overlooking the rapids, and a modern hospital.
Cachuela Esperanza had the first
X-ray unit of Bolivia, and millionaires from
Rio de Janeiro und
São Paulo were flown in by
seaplanes. In the 1920s, when natural rubber was substituted by
synthetic rubber gradually, the importance of
Cachuela Esperanza declined, and with the Bolivian Revolution of 1952 the artificial jungle town sank into insignificance once and for all. ==Population==