Total loan: $7,100

Esperancitas Group

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16 de Julio, Departamento de La Paz, Bolivia / Retail

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

A loan helped to purchase essential oils for hair and hair straightening creams.

Esperancitas Group's story

Jhon, 24, is a hardworking young man. He started his own cosmetics business. He is also president of the Esperancitas communal bank. In the photo, he appears seated holding the president’s sign along with the treasurer and secretary. Behind the secretary, Sonia is holding his little two-year-old son, Julian.

All the members of the communal bank have businesses in the “Feria 16 de Julio” market , where they met, made friends, and applied for a loan from Sembrar Sartawi IFD together to invest in their businesses.

Jhon is requesting the loan to buy new haircare products and thus diversify the products he offers in his store.

The Esperancitas communal bank seeks to improve their quality of life through increasing the income from their businesses.