Total loan: $6,375

1 De Septiembre Group

El Alto, La Paz Department, Bolivia / Retail

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

A loan helped buy wool at wholesale prices.

1 De Septiembre Group's story

The Communal bank “1 de Septiembre” will start its fifth loan cycle in Pro Mujer as part of the central hub Villa Tejada. It is formed by eight members and directed by a board where Virginia is the president.
The loan they will get will benefit small businesswomen where Virginia is a member. Currently, she has a business selling shawls. She says that she learned this business from her own initiative many years ago.
This new loan will be to increase her capital and buy wool at wholesale prices from wholesalers in the city of La Paz; and later to make and sell in her place of sale. This work allows her to generate resources to support her family financially, because she is single and has four children.