Total loan: $7,475

01-Habitas Group

Flag of Bolivia
La Paz, La Paz Department, Bolivia / Retail

01-Habitas 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.

01-Habitas Group's story

The 01 Habitas communal bank, part of the 3 de Mayo office, is made up of eight members who are friends and is run by a board of directors of which Paola is the president.

The loan they're getting will benefit small-business entrepreneurs like Paola. Currently she has a business selling footwear on request and online. She made it known that she started this business on her own initiative 10 years ago with a loan from Pro Mujer for her capital.

The loan she's getting now is to expand her capital with a wholesale purchase of footwear, which she'll acquire from the wholesale vendors in the city of La Paz, then sell in her sales stall.

This job enables her to earn income. She's 33 years old and single, and has two children. Her goals are to expand her capital to be able to double her profit, to finish her degree, and to have a house or a plot of land for her family.

Note: There are three people in the photograph. The whole bank was not photographed because of social distancing during the Covid-19 pandemic