Total loan: $5,225

Las Luminosas Group

El Alto, La Paz Department, Bolivia / Arts

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A loan helped to buy wool wholesale.

Las Luminosas Group's story

The Las Luminosas communal association will begin its seventh cycle in Pro Mujer as part of the Villa Adela branch. It is made up of nine members and is led by a board of directors of which Magdalena is the president.

The loan they take out will benefit micro entrepreneurs including Magdalena. She currently has a business selling blankets. She says she learned the business from her mother several years ago.

The loan she seeks will be to increase her working capital by buying wool wholesale. She will acquire it from the wholesalers in the city of La Paz. Later she will make and sell blankets in her sales space. This manner of work allows her to generate resources to support her family economically, as she is single and has one child.