Total loan: $7,400

25 De Julio Group

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El Alto, La Paz Department, Bolivia / Food

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

A loan helped to buy wholesale oil and noodles.

25 De Julio Group's story

The communal bank "25 de Julio” is part of Agencia Santiago II and it is made up of eight members from the local area who are friends and neighbours. The group is run by a board of directors and Lidia is its president.

The loan applied for will benefit the small group of micro-entrepreneurs of which Lidia is a member. She currently runs a food sales business, a trade she started out in 10 years ago.

The loan currently being applied for will be used to buy oil and noodles from wholesalers in the city of La Paz. The products will be used to make the food which Lidia sells.

Lidia is married and has six children and her business allows her to support her family.