Total loan: $7,875

Claveles De Villarroel Group

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El Alto, La Paz Department, Bolivia / Retail

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

A loan helped to buy fabric wholesale.

Claveles De Villarroel Group's story

The “Claveles de Villarroel” communal bank is part of the German Busch branch office. It is made up of nine members who are friends. It is led by a board of directors with Rosmery as President.

The loan they are taking out will benefit these small micro entrepreneurs of which Rosmery is one. She currently has a business selling covers for sofas. She said that she learned her business little by little five years ago.

The loan she is taking out will be used to increase her capital buying fabric wholesale that she will acquire at the wholesale vendors of the city of El Alto. She will later make her goods and sell them in her sales space.

This method of working allows her to generate resources to support her family economically as she is married and has three children. Her dream is to grow her business to improve her quality of living.