Total loan: $6,975

08 Rosas Group

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El Alto, La Paz Department, Bolivia / Food

08 Rosas 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.

08 Rosas Group's story

The communal bank 08 Rosas, as a part of the Senkata regional office, is made up of nine members and is run by a board of directors, of which Margarita is the president.

The loan that they will receive will benefit small business owners, and Margarita is one of them. She currently has a business of selling food at her food stall. She says that she started in this business as a kitchen helper 10 years ago.

The loan that she will now receive will be an increase of capital for the purchase of wholesale vegetables, meat, noodles, and condiments, which she will acquire from the wholesalers in the city of La Paz. She will then prepare and sell them at her retail space. This type of work allows her to generate resources to support her family financially. She is single and has four children. Her aspirations are to have her own house and a vehicle.