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Total loan: $4,075
El Alto, La Paz Department, Bolivia / Arts
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Florecitas Group's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!
A loan helped to purchase vicuña wool.
Florecitas Group's story
The communal bank “Florecitas” (Little Flowers) will be starting its third cycle with Pro Mujer as a part of Centro Focal de Los Andes. It is made up of eight members and overseen by a board of directors. Señora Guillermina is the president of the board of directors. The members' businesses are varied and include: knitting gloves, selling chickens, selling prepared food, running a grocery store, vegetable sales, selling decorative cloths, fish sales and sewing jackets. The loan they will take out will benefit the small micro-entrepreneurs, of which Señora Guillermina is one. She says that she became a member of Pro Mujer two years ago; she was invited by a promoter from the institution. Currently, Señora Guillermina has a business making vicuña wool blankets, which she learned as a child working together with her mother. She says that she started the business with very little capital, but that now the situation is improving. The loan that Señora Guillermina is taking out is to increase her capital. She will purchase vicuña wool from the wholesalers and then make it into blankets fill her daily orders. This form of work allows her to generate the income she needs to financially support herself. When asked what she likes about Pro Mujer, Señora Guillermina responds that she likes the savings.