Total loan: $7,100

10 Aymara Group

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El Alto, La Paz Department, Bolivia / Retail

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

A loan helped to grow her business.

10 Aymara Group's story

The borrowers' group 10 Ayara is part of the Agency Panamericana. It is comprised of 9 members who are all friends and is directed by a Board of which Maribel is President.
The loan that they are requesting will benefit their small enterprises, including Maribel's. She currently has a business selling crocheted blankets from her stall in the markets. She tells us that she started this business on her own initiative and it takes three days to make a blanket.
She will use the loan to buy a machine and material (wholesale wool) from the wholesalers in the city of La Paz. She will make the blankets and then sell them from her stall.
This work enables her to generate economic resources. She is 25 years old, married, and has two children. Her goal is to buy a machine and to have other crocheters, to help her family to get ahead, and to have her own workshop.
Note: there are only three people in the photo due to the COVID 19 pandemic. Due to the restrictions on gathering, we could not take a photo of the whole group.