Total loan: $4,500

Nuevo Amanecer Ii Group

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El Alto, La Paz Department, Bolivia / Retail

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

A loan helped to buy wool wholesale.

Nuevo Amanecer Ii Group's story

The "Nuevo Amanecer II" loan group is part of the Juan Pablo II Agency. The group includes eight members, who are friends and neighbors in their area. The group has a board of directors, and Mrs. Ruth is the president.

The loan will benefit small micro-entrepreneurs, including Ruth. Currently, she has a business selling blankets; she learned this work many years ago.

The loan will help increase capital so that she can buy wool wholesale. She will buy from wholesalers in the city of La Paz. Then, she will make and sell the blankets in her store. This work enables her to generate resources for supporting her family financially; she is married and has a son. Her dream is to grow her business.