Total loan: $5,750

Virgen Del Carmen Group

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El Alto, La Paz Department, Bolivia / Arts

Virgen Del Carmen 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 and beads wholesale.

Virgen Del Carmen Group's story

The communal bank “Virgen del Carmen” is part of the Villa Tejada agency. It includes nine members who are friends, and is managed by a board of directors, of which Gloria is the president.

Gloria, age 35, is single and independent. She has a business of selling crafts (bracelets, chains). She says that she learned this business a long time ago.

The loan that she will take now will be to increase capital to buy wool and beads in bulk from the wholesale vendors in the city of La Paz. Later, she will make the items and sell them in her sales space. This method of working permits her to earn income to support her family financially. She aspires to make her business larger. Gloria asks that you again trust in her communal bank.