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Total loan: $2,550
El Alto, La Paz Department, Bolivia / Arts
Flag of Bolivia
Mercedes Group's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!
A loan helped to buy a sewing machine and fabric.
Mercedes Group's story
The “Mercedes” communal bank will start its fifth cycle in Pro Mujer as part of the Cascada Center. It has 8 members led by a governing board headed by Mary. The communal bank members carry out a variety of businesses. Among them we have: sweater knitting, filter sales, fruit and vegetable sales, book binding, lamb sales, blanket weaving, wool spinning and cattle sales. Mary indicates that she’s been working with Pro Mujer for two cycles having joined thanks to an invitation from an advisor. She currently has a crafts making business that she learned years ago. The loan she’ll take out now is to increase capital (to buy a machine and fabric). She will buy them at 16 de Julio and then sell to order. This way of working allows her to generate resources to support her family as best she can since she lives with a spouse and has two children. When asked what she likes about Pro Mujer, she answers that she likes the punctuality.