Total loan: $6,375

Flores Bellas Group

El Alto, La Paz Department, Bolivia / Food

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

A loan helped to purchase rice, fideo noodles and oil at wholesale.

Flores Bellas Group's story

The Flores Bellas (Beautiful Flowers) communal bank, part of the 3 de Mayo (3rd of May) branch office, is made up of eight members who are friends and neighbors in the community. It is managed by a board of directors led by Leydi, the President.

The loan they are taking will benefit small microentrepreneurs where Leydi is a member. Currently, she has a business selling food. She learned the business a few years ago.

Leydi will use the loan she is taking now to increase capital. She will purchase rice, fideo noodles and oil at wholesale in the city of La Paz. She will then make and sell it at her point of sale. This kind of work enables her to generate resources to support her family financially since she is single and has a child. Her aspirations are to expand her business.