Total loan: $6,525

219 Grupo Peniel Group

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El Alto, La Paz Department, Bolivia / Food

219 Grupo Peniel Group's loan finished fundraising,
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A loan helped to expand her business.

219 Grupo Peniel Group's story

The communal bank, "Grupo Peniel", as part of the Patacamaya Agency, is made up of eight members who are friends. It is headed by a general committee where Andrea is the President.

The loan that they are taking out will benefit small micro-businesses, which Andrea is a member of. She currently has a business selling juice and fruit salads. She explains that she learned this business on her own seven years ago.

The loan that she is now taking out will be to increase the capital purchase of fruit, bananas, apples, oranges, melons and strawberries wholesale. She will get this from wholesale vendors in the city of El Alto. Then she will prepare and sell them in her store. This way of working allows her to generate resources to support her family financially, as she is married and has two children.

Her dreams are to make her children into professionals.