Total loan: $6,650

Amigas De Palcoco Group

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El Alto, La Paz Department, Bolivia / Retail

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

A loan helped to buy wholesale wool.

Amigas De Palcoco Group's story

The group "Friends of Palcoco" will begin its second cycle in Pro Mujer as part of the Centro Focal Copacabana. It is made up of eight members and led by a board of directors where Cecilia is president.

The loan that they will take out will benefit small microbusinesses, of which Cecilia is a member. Currently she has a blanket business. She learned this business several years ago of her own initiative.

The loan she will take out will be used to increase her capital to buy wholesale wool that she will acquire from wholesale vendors in the city of La Paz. Later she will create and sell in her store. This manner of work allows her to generate resources to support her family financially since she is single and has three daughters.

Note-in the photo you cannot see Mauricio's face very well because they were in a hurry to leave after the payment meeting and they could not take another picture.