Total loan: $1,700

Flor De Primavera Group

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El Alto, La Paz Department, Bolivia / Retail

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

A loan helped to buy beer wholesale.

Flor De Primavera Group's story

The communal bank "Flor de Primavera" [Springtime flower] is part of the Alto Lima Agency and composed of eight members who are friends and neighbours in the area, directed by a board with Sandra as their president.

The loan they are going to get will benefit small microentrepreneurs where Sandra is a member. Currently she has a beer sales business. She mentions that she learned this trade on her own initiative several years ago.

The loan that she will now take will be used to increase her assets to buy beer wholesale. She will buy from the wholesale vendors of the city of La Paz. Subsequently she will sell in her stand.

This way of working allows her to generate resources to support her family financially, since she is married and has three children. Her goal is to expand her business in order to get her own home.