Total loan: $6,500

Cariñositas Group

El Alto, La Paz Department, Bolivia / Food

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A loan helped to buy fruit wholesale.

Cariñositas Group's story

The “Cariñositas” communal bank is part of the Juan Pablo II agency. It is made up of nine members who are friends and neighbors from their area, led by a board of directors with Nancy as President.

The loan they are taking out will benefit all these micro-entrepreneurs, Nancy being one of them. She currently has a business selling fruit. She learned the business several years ago.

The loan she is now taking out will be used to increase her capital buying fruit wholesale that she will acquire from the wholesalers of the city of La Paz. She will then sell them in her sales space. This manner of working allows her to generate resources to support her family economically as she is married and has three children. She aspires to expand her business in order to increase her income.