Total loan: $5,225

Santiago Ii Group

Flag of Bolivia
El Alto, La Paz Department, Bolivia / Clothing

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

A loan helped to buy clothing wholesale.

Santiago Ii Group's story

The “Santiago II” is starting their first loan cycle with Pro Mujer, as part of the Villa Adela branch office. It is made up of nine members, led by a board of directors with Magdalena as President.

The loan they are taking out will benefit these micro-entrepreneurs, Magdalena being one of them. She currently has a business selling clothing. She said she learned the business on her own a number of years ago.

The loan she is now taking out will be used to increase her capital buying wholesale clothing which she will acquire form the wholesalers in the city of La Paz. She will then sell them in her commercial space. This method of working allows her to generate resources to support her family economically as she is in a common-law relationship and has a son.