100%

funded

Total loan: $6,100

Las Gardenias Group

El Alto, La Paz Department, Bolivia / Food

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A loan helped to buy noodles and oil wholesale.


Las Gardenias Group's story

The “Las Gardenias” communal bank, which is part of the Alto Lima office, is made up of eight members who are friends and neighbors from the same area. They are led by a board of directors which is chaired by Rosa.

This loan will benefit owners of small businesses in Rosa's group. She currently has a food sales (noodle soup) business; she learned this business several years ago.

She will use the loan to increase her capital by buying noodles and oil wholesale. She will purchase them from wholesalers in the city of La Paz, and then she will make and sell soups at her place of business. This type of work allows Rosa to have the resources to support her family financially since she is single and has two children. Her dream is to make her business grow.