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Total loan: $7,525

Las Federicas Group

El Alto, La Paz Department, Bolivia / Food

Las Federicas Group's loan finished fundraising, but these other borrowers need your support

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

Las Federicas Group's story

The communal bank "Las Federicas", as part of the Agencia Panamericana [Panamerican Agency], is made up of 8 members who are friends and neighbors from their zone. It is led by a board of directors where Fanny is president.

Fanny is 29 years old; she is in a common-law marriage, and she has two children. Right now, she has a business selling groceries; she shares that she learned this business a very long time ago.

The loan that she is requesting will be used to increase her capital/purchase of rice, sugar, noodles, and oil in bulk, which she will purchase from wholesale vendors in the city of La Paz subsequent to the commercialization in her sales position.

This type of work allows her to generate resources to support her family economically. She aspires to grow her business. Fanny is hopeful that lenders can once again trust in her communal bank.