Total loan: $3,775

Joyitas Group

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El Alto, La Paz Department, Bolivia / Clothing

Joyitas Group's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!

A loan helped to buy wholesale alpaca wool.

Joyitas Group's story

The communal bank "Joyitas" is beginning their eighth loan cycle with Pro Mujer as part of the German Busch regional hub. The bank is made up of eight members and is led by a board of directors with Josefina as the Secretary. The members of the communal bank carry out several different businesses, including: selling blankets, selling vegetables, selling polleras (traditional skirts), selling mobile phones, selling jewellery, selling jackets and selling pork.

The loan that they are taking out will benefit the small microbusinesses, where Josefina is a members. She says that she joined Pro Mujer by invitation from a friend who is a customer of the institution. Currently she has a business knitting and selling blankets. She learned this business twelve years ago on her own initiative.

The loan that she is now taking out will be to increase the capital (buying wholesale alpaca wool) that she will get from the wholesale merchants in the city of El Alto that she can later make to sell in her shop. This way of working allows her to generate resources to support her family financially, now that she is single and has seven children.

When asked what she likes about Pro Mujer, she replied that she likes the health area, training and loans that the institution offers.