Total loan: $5,950

Suma Paxi Group

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El Alto, La Paz Department, Bolivia / Retail

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

A loan helped to buy wool wholesale.

Suma Paxi Group's story

The communal bank, Suma Paxi, is part of the Agencia Copacabana. It is made up of eight members, who are friends and neighbours in the area. It is led by a board of directors, where Sonia is the President. Sonia is in a common-law marriage and has two children. Currently, she has a business selling blankets, she learned this business some time ago.

The loan that she is taking out will be to increase the capital, by buying wool wholesale which she will obtain from the wholesale sellers in the city of La Paz. Afterwards, she will make and sell this from her stall.

This way of working allows her to generate resources to support her family financially. Her dreams are to make her business grow. Sonia is asking you to trust in her communal bank again.