Total loan: $6,375

Las Sonrisas Group

El Alto, La Paz Department, Bolivia / Retail

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A loan helped to buy flowers at wholesale prices.

Las Sonrisas Group's story

The communal bank “Las Sonrisas” will start its first loan cycle in Pro Mujer, as part of Senkata hub. It is comprised by eight members and directed by a board where Elvira is president.
The loan they will get will benefit the small businesswomen, with Elvira being a member. Currently, she has a business selling flowers. She comments, she learned this business on her own initiative many years ago.
The loan will be to increase capital (buying flowers at wholesale prices) which she will purchase from wholesalers in the city of La Paz and later sell in her place of sale. This way of work allows her to generate resources to support her family financially, because she is married and has two children.