100%

funded

Total loan: $5,250

Nueva Generacion - 26 Group

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La Paz, La Paz Department, Bolivia / Clothing

Nueva Generacion - 26 Group's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!


A loan helped To buy seasonal clothing at wholesale, such as sweaters and jackets.


Nueva Generacion - 26 Group's story

The "Nueva Generación-26" communal bank is made up of eight members: six women and two men. The chairperson of the bank is Oliette. She is 38, married, and has three children, ages 12, 19 and 23. All three go to school. Oliette sells clothing according to the season. She has a permanent stand in the Llojeta area of the city of La Paz, where she sells her products. This is her fifth loan with the institution. Oliette is going to use this loan for the purchase of seasonal clothing at wholesale, such as sweaters and jackets to combat this winter season. This way she can offer a variety of clothing to her clientele and increase her earnings. Her reason for requesting this loan is to continue improving her business. Oliette is going to use the profits to continue buying a variety of clothing according to the season. Oliette is a very hard-working person, who feels happy because of the opportunity offered to her and her fellow group members, as in some cases they support their families on their own.