Total loan: $6,375

Flor De Ancoamaya Group

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El Alto, La Paz Department, Bolivia / Food

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

A loan helped to buy rice, noodles, and oil in bulk.

Flor De Ancoamaya Group's story

The Communal Bank “Flor de Ancoamaya” is part of the Copacabana agency. This group consists of eight members who are friends and neighbors from the same area. It is led by a Board of Directors in which Sra. Jhoselyn in the president.

This loan will benefit small business owners such as Sra. Jhoselyn. She currently has a business of selling food, having learned this trade several years ago. The loan she is receiving now will be used to increase her capital for buying rice, noodles, and oil in bulk. She will acquire her supplies from wholesale vendors in the city of La Paz and then prepare and sell her products from her retail space. Working in this manner will enable her to generate income to support her family. Jhoselyn is single and has one child.

Her aspirations are to improve her quality of life, have a restaurant, and acquire a home of her own.