Total loan: $6,475

04 Abejitas Group

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El Alto, La Paz Department, Bolivia / Clothing

04 Abejitas 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.

04 Abejitas Group's story

The communal bank “04 Abejitas” [4 little bees] is part of the Villa Tejada agency. It includes nine members who are friends, and is run by a board of directors of which Rosmery is the president.

The loan that they will take now will benefit micro-entrepreneurs where Rosmery is a member. She has a business making clothing (skirts and traditional skirts). She says that she has had this business for three years.

The loan will increase capital for the purchase of wholesale cloth by the roll that she will acquire from the wholesale vendors in the city of El Alto, and later sell in her sales space. This means of working permits her to generate income to support her family financially. She is in a common law relationship and has three children. She hopes to have a clothing shop, to expand her business, that her family will have good health, and that her children will become professionals.

Note: only three people are in the photo due to the Covid-19 health emergency. To avoid gathering people, a photo was not taken of the entire group.