Total loan: $2,400
El Alto, La Paz Department, Bolivia / Arts
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Milagrosa Group's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!
A loan helped to buy wool.
Milagrosa Group's story
The Milagrosa Communal Bank will begin its fifth cycle with Pro Mujer as part of its focus on the Andes. It is made up of 9 members and it is led by a board of directors that is headed by Pascuala. The communal bank members have many different businesses, such as knitting sweaters, making hats, selling clothing, running corner stores, selling Delicia brand products, and knitting skirts. Pascuala has worked for Pro Mujer for two years and she joined the institution because she was invited to by a friend. She currently has a handicrafts business knitting sweaters that she has been working at for five years. She learned how to run this business at a training center. The loan she is taking out now is to increase her working capital to buy wool that she will get at the Festival of La Paz on July 16 and that she will later sell on request. This kind of work allows her to generate resources to support her family, as she is married with seven children. When asked what it is she likes about Pro Mujer, her response is that she likes the training area.