Total loan: $5,150

Hormiguitas Group

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El Alto, La Paz Department, Bolivia / Arts

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

A loan helped to purchase wholesale wool.

Hormiguitas Group's story

The communal bank Hormiguitas will begin the seventh cycle in Pro Mujer as part of the Copacabana regional office. The group is made up of nine members and is run by a board of directors. Primitiva is the president. The loan they will take out will benefit small entrepreneurs, and Primitiva is one of them. She currently has a business selling blankets. She says that she learned this business through her own initiative several years ago.

The loan that she will now take out will be to increase capital in order to buy wholesale wool, which she will acquire from the vendors in the city of La Paz. After making the blankets, she will sell them at her sales booth. This type of work allows her to generate resources to help her family financially since she is married and has two children.