Total loan: $7,225

Hormiguitas Group

El Alto, La Paz Department, Bolivia / Clothing

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A loan helped to buy clothing in bulk.

Hormiguitas Group's story

The Communal Bank “Hormiguitas” is part of the Copacabana agency. This group consists of eight members who are from the same community. They are led by a Board of Directors in which Sra. Janet is the president.

Sra. Janet is 37 years old and has a business of selling clothes. She will use her loan to buy clothing in bulk. Janet purchases her merchandise in the city of La Paz and then sells her products in her community from her store. She learned this business on her own.

Her aspirations are to have a store in the city and to achieve financial stability for her family. She also wants to expand her existing store. Janet is single and has two children.