Total loan: $6,100

03 Las Nieves Group

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El Alto, La Paz Department, Bolivia / Retail

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

A loan helped to buy purses and backpacks in bulk.

03 Las Nieves Group's story

The Communal Bank “03 Las Nieves” is part of the Alto Lima agency. This group consists of eight members who are friends and neighbors. It is led by a Board of Directors in which Sra. Patricia is the president.

This loan will benefit small entrepreneurs such as Sra. Patricia. She currently has a business of selling purses and backpacks at her vending stall. Patricia became knowledgeable about this business after learning the trade from her relatives five years ago.

The loan she is receiving now will increase her capital for buying purses and backpacks in bulk from wholesale vendors in the city of La Paz. Afterwards, she will sell her merchandise at her vending stall. By working in this manner, Patricia is able to generate income to support her family. She is 32 years old, married, and has two children.

Her aspirations are to expand her business and to see her children become professionals.