Total loan: $4,475

Las Triunfadoras 2018 Group

El Alto, La Paz Department, Bolivia / Retail

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A loan helped to buy mobile phones in bulk.

Las Triunfadoras 2018 Group's story

The communal bank "Las Triunfadoras 2018" ["The Winners 2018"] is a part of the Alto Lima Agency, and consists of eight members who are friends and neighbours. It is managed by a board of directors of which Noemi is the president.

The loan they will receive will benefit small businesses of which Noemi is a member. She currently owns a mobile phone sales business, and she learnt this trade some years ago.

The loan that she will receive now will be to increase her capital. She will buy mobile phones in bulk from wholesale sellers in the city of La Paz, and then launch them in her stall.

This line of work allows her to generate resources to support her family economically. Her dream is for her son to become a professional.