The Abuela Grillo character is based on a myth from the Bolivian lowlands, but the film tells the story of a historic moment in Bolivian water politics. Water issues reached a boiling point in 2000 after water privatization legislation led to a significant spike in prices for Bolivian citizens. Demonstrations rocked Cochabamba in what is also known as the Cochabamba Water Wars. Though they began as peaceful protests, demonstrations quickly grew violent, leading to dozens of civilian and police injuries and casualties. Then President Hugo Banzer was forced to resign.
From: http://my.firedoglake.com/kitoconnell/2014/08/15/cartoon-friday-watercooler-abuela-grillo-grandmother-cricket/
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