100%

funded

Total loan: $5,950

Hormiguitas Group

El Alto, La Paz Department, Bolivia / Retail

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A loan helped to buy wool at wholesale.


Hormiguitas Group's story

The “Hormiguitas” community bank is part of the Collpani Agency. It consists of eight members who are friends and neighbors in the zone. It is led by an executive committee of which Zenobia is the president.

Zenobia is 35 years old, in a civil union, and has three children. Today she has a business selling blankets. She learned this business a long time ago.

The loan that will be taken out will increase the working capital and allow for the purchase of wool at wholesale from the wholesale vendors in La Paz city. Then it will be used to make and sell items in her sales stall. This form of work will generate resources to support her family economically. Her goals are to expand her business. Zenobia asks that you have confidence in their community bank.