Total loan: $5,450

8 Estrellas Group

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El Alto, La Paz Department, Bolivia / Food

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

A loan helped to buy vegetables on a wholesale basis.

8 Estrellas Group's story

The communal bank "8 Estrellas” ["8 Stars"] is starting its first loan cycle with Pro Mujer, as part of the Copacabana regional center. It is made up of eight members and led by a directive board, with Susana as President.

The loan they are taking out will benefit small microentrepreneurs in the group where Susana is a member. Currently, she has a business selling vegetables. She reports that she learned this business on her own initiative several years ago.

The loan she is now taking out will serve to increase her capital by purchasing vegetables on a wholesale basis. She will acquire them from the wholesale vendors in the city of La Paz. Later she will sell them from her sales space. This way of working allows her to generate resources to support her family economically, since she is married and has two children.