Total loan: $5,300
Flor Naciente Group
El Alto, La Paz Department, Bolivia / Retail
Flag of Bolivia
Flor Naciente 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 television.
Flor Naciente Group's story
The "FLOR NACIENTE" communal bank is about to begin its fifth loan cycle with Pro Mujer, as a part of the Centro Focal de los Andes. The group is made up of eight members and is managed by a board of directors chaired by Daniela. The businesses run by the communal bank's members are wide-ranging and include: toy sales, CD sales, food sales, chicharrón (pork crackling) sales, sewing, fruit sales, sales of Avon products. The loan will benefit small micro entrepreneurs, one of whom is Daniela. She says that she has been a member of Pro Mujer for a year and a half, having been invited to join by her mother, who is also a member of the group. She currently runs a CD shop and says that she set up the business when she saw the work her mother was doing. She believes that it is a profitable business and she runs it single-handedly. She will use the loan to improve her equipment for playing CDs (a television) which she will buy in the city of El Alto and then install in her shop. This type of work enables her to generate an income for her family, as she is the single mother of one child. When asked what she likes about Pro Mujer, she replies that she likes the training on health-related issues.