Total loan: $4,500

16 Magnificas Group

El Alto, La Paz Department, Bolivia / Retail

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A loan helped Buy merchandise.

16 Magnificas Group's story

“Magníficas” is a dynamic group of women. All of them listen attentively to the advice explaining the importance of their solidarity loan. They are small businesses owners involved in selling groceries, baby clothes, bottles, mobile phone accessories, woven garments, sausages and others items. They require a loan to buy rice, wool, mobile phone covers and meat in order to increase their merchandise.

Maria Q. has a sausage business. She mentioned that the training she received at the meetings has helped her organize her business and prevented her from losing customers.

Translated from Spanish by Ronan Reodica, Kiva Volunteer