This photo is of my great-grandaunt Lorenza (Bolognesi) Mataloni, the younger sister of my great-grandmother Maria (Bolognesi) Diamantini.
Lorenza was born 1877 in Italy, and she died in 1964 in Civitanova Marche, Italy. She married Giuseppe Mataloni, and had two children that I know of: Antonio and Maria.
The two sisters, Maria and Lorenza, definitely look like family. My great-grandma is on the left.