Total loan: $7,175

10 Quisirmitas Group

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El Alto, La Paz Department, Bolivia / Retail

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

A loan helped to expand her business.

10 Quisirmitas Group's story

The communal bank group, "10 Quisirmitas", part of the Agencia Panamericana, has nine members, who are friends. It is directed by a board of directors in which Juana is chairperson.

The loan they will obtain will benefit small micro-entrepreneurs among whom is Juana. She now has a business sewing blankets. She works on it from her home and says that she learned this trade on her own initiative.

She will use the loan she will get to increase her capital and buy wool wholesale. She will buy it from wholesale sellers in the city of El Alto. Afterwards, she will work on it and sell her product from her point of sale.

This job allows her to earn the income to financially support her family. In fact, she is married and has four children. She wants her children to become professionals and to improve her business. Note: in the photograph, there are three people due to the health emergency of covid 19, it is for such reason that the photo was not taken of the whole bank to avoid the agglomeration of people.