Total loan: $6,250

Platas De Oro Group

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El Alto, La Paz Department, Bolivia / Retail

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

A loan helped to purchase plates, a blender, a juicer, irons, stoves, etc. in bulk.

Platas De Oro Group's story

The Platos de Oro communal bank group, as part of the Agencia Senkata, is made up of eight members who are friends and neighbors in the area. They are led by officers, of whom Martha is the president.

The loan that they will get will benefit the small micro-entrepreneurs of whom Martha is one. Currently, she has a business selling items such as plates, blenders, juicers, irons, stoves, etc. She learned this business from her mother 15 years ago.

The loan that she will get now will be to increase her capital by purchasing plates, a blender, a juicer, irons, stoves, etc. in bulk, which she will get from the wholesalers from the city of El Alto-La Paz and will later sell in her sales stand.

This type of work allows her to generate resources to support her family financially, since she is single and has two children. Her aspirations are to improve her business and get land.