Total loan: $6,650

Amistad Group

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El Alto, La Paz Department, Bolivia / Clothing

Amistad 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.

Amistad Group's story

The "Amistad" communal bank will start its 10th loan cycle with Pro Mujer, as part of the Pan American Community Centre. The group is made up of nine members and it is directed by a board of directors, where Mirtha is the President.

The loan that they will take out will benefit small micro-businesses where Mirtha is a member. Currently, she has a business selling clothes; she reveals that she learned this business under her own initiative several years ago.

The loan that she will now take out will be to increase her capital to buy clothes wholesale that she will acquire from wholesale sellers in the city of La Paz. Later they will be sold in her sales space. This way of working allows her to generate resources to support her family financially, as she is single and has a child.