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Total loan: $7,400

Choclitos Group

Flag of Bolivia
El Alto, La Paz Department, Bolivia / Retail

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

A loan helped to buy backpacks in bulk.

Choclitos Group's story

The Communal Bank “Choclitos” is part of the Panamericana Agency. It consists of nine members who are friends and neighbors from the same area. This group is led by a Board of Directors in which Sra. Alicia is the president.

This loan will benefit small business owners such as Sra. Alicia. She currently has a business of selling backpacks, having learned this trade several years ago. The loan she is receiving now will be used to increase her capital for buying backpacks in bulk. Alicia will acquire her products from wholesale vendors in the city of La Paz and then sell them from her retail space. By working in this manner, she will be able to generate income to support her family.

Alicia is in a common-law relationship and has one child. Her aspirations are to have a store where she can sell backpacks, become a professional, and improve her quality of life.