Total loan: $6,800

Suma Warmi Group

El Alto, La Paz Department, Bolivia / Clothing

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A loan helped to purchase wholesale clothing.

Suma Warmi Group's story

The communal bank Suma Warmi is starting its second cycle in Pro Mujer as part of the Pan-American Focal Center (Centro Focal Panamericana). It has 9 members, and Olga serves as the president of its governing board. The loan that Suma Warmi is taking out will benefit microentrepreneurs like Olga.

Currently, Olga has a business selling clothes. She says that her business has been selling wholesale clothing for several years now.

Olga will use the loan she is taking out to increase her capital and purchase wholesale clothing from the wholesale vendors in the city of La Paz. Then, she will sell it in her sales space.

As a single head of household, working this way allows her to generate the funds to support her family economically. Her aspiration is to have a fixed location for her store.