Total loan: $5,825

03 Cuatro Estrellas Group

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El Alto, La Paz Department, Bolivia / Retail

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

A loan helped to expand their business.

03 Cuatro Estrellas Group's story

The communal bank 03 Cuatro Estrellas is part of Agencia Alto Lima and is composed of eight members who are friends. The bank is led by a board of directors, and Cecilia is the president.

The loan they are requesting will benefit small micro-entrepreneurs, one of which is Cecilia. She currently has a grocery store business that she runs out of her home. She says that she learned this trade on her own initiative six to eight years ago.

The loan that she's taking out now will be used to increase her buying capital for wholesale merchandise, which she will purchase from wholesale vendors in La Paz after the items have been marketed through their stores.

This form of work allows her to generate income. She is 63 years old, married, and has five children. Her aspirations are to grow her business and increase her capital.