Total loan: $5,075

Exaltacion Group

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

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

A loan helped to buy clothes wholesale.

Exaltacion Group's story

The communal bank "Exaltacion" will start its first cycle in ProMujer, as part of the Centro Focal Panamericana. The group consists of eight members and it is managed by a board of directors with Sonia as its president.

The loan will benefit small businesswomen like Sonia. Currently she has a business selling clothes and she learned on her own and which she has had for few years.

The loan she will get is for increasing the capital to buy clothes wholesale. She will purchase clothing from the wholesale seller in the city of La Paz, and later sell them on her store.

This way of working allows this single mother to generate financial resources to support her two children.