Total loan: $3,775

Nueva Esperanza *** Group

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El Alto, La Paz Department, Bolivia / Arts

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

A loan helped to purchase alpaca wool in bulk.

Nueva Esperanza *** Group's story

The Entrepreneurship Bank Nueva Esperanza *** is composed of eight members of whom six are women and two are men. They are engaged in various activities. The bank's president is Rita, who is 41 years old and has three children who are in school age. She is dedicated to knit sweaters and blankets and skirts for women made of alpaca wool. She lives in the area of 16 de Julio. This loan is her first sequence in the institution. Rita will use this loan to buy alpaca wool in bulk to knit her sweaters and blankets since she is selling a lot in these dates.