Total loan: $5,200

Margaritas De Macamaca Group

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El Alto, La Paz Department, Bolivia / Agriculture

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

A loan helped to buy seeds.

Margaritas De Macamaca Group's story

The “Margaritas de Macamaca” communal bank will begin its third cycle in Pro Mujer, as a part of the Centro Focal Copacabana. It is made up of eight members and is led by a board of directors, of which Elena is the president.

The loan they will take out will benefit the micro-business women, including Elena. Right now, she has a business selling potatoes. She says that she learned this business through her family several years ago.

The she will take out now is to increase capital by buying seeds, which she will acquire form sellers in her community. Later, these will serve as a means of production. This work allows her to generate resources to support her family financially, as she is married and has two children.