Total loan: $4,600

Esperanza Group

Flag of Bolivia
El Alto, La Paz Department, Bolivia / Retail

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

A loan helped to buy small electrical appliances at wholesale.

Esperanza Group's story

The “Esperanza” community bank is in its 10th cycle with Pro Mujer as part of the Juan Pablo II Focus Center. There are 8 members in the group, and the group is led by an executive board of which Luz is the president. The varied businesses of the members are: sell small appliances, sell alarm accessories, sell alpaca socks, sell condiments, sell clothing, sell furniture, sell DVDs, sell shoes, sell souvenirs. The loan will benefit these small businesswomen.

Luz has been with Pro Mujer for 5 years. She joined at the invitation of a friend who belongs to the institution. Today she has a business selling small electrical appliances. She learned this business on her own several years ago. The loan will be used to increase capital in order to buy small electrical appliances that she will buy on the Brazil-Bolivia border and then sell in her stand. This work enables her to generate economic resources to support her family, as she is married and has 5 children. When asked what she likes about Pro Mujer, she responds that she likes the benefits the institution offers.