Total loan: $3,125
El Alto, La Paz Department, Bolivia / Arts
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Yunguyo Group's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!
A loan helped To buy alpaca wool.
Yunguyo Group's story
The Associación Comunal “YUNGUYO” (Yunguyo Communal Bank) will start its fifth cycle in Pro Mujer as part of the Los Andes Community Center. The group is composed of eight members and is led by a Board of Directors headed by Rosalía. The members of this Communal Bank engage in various activities such as food selling, selling of tullmas (hair braiding decorations), jumpers weaving, pastry making, blankets weaving, selling fruit salads and creams. Rosalía is one of the micro entrepreneurs forming this group, and she will benefit from the requested loan. Rosalía says she has been a member of Pro Mujer for three years, and that she has been invited to enter by one of the promoters of this institution. She currently runs a sewing workshop where she creates tullmas, and she says she has learned this profession while helping her aunt creating this same craft, and that she later on decided to start her own activity. The loan she in now requesting will be used to diversify her activity by buying alpaca wool in the fairs of the town of El Alto. She will knit the wool into sweaters to then sell it in her stall. This type of activity helps her earning an income to support her family as much as she can, as she is married and has six children. When asked about what she likes of Pro Mujer, she answers that she likes the loans and the saving.