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Total loan: $2,725
Flor Blanca Group
El Alto, La Paz Department, Bolivia / Arts
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Flor Blanca Group's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!
A loan helped to buy wool.
Flor Blanca Group's story
The "Flor Blanca" communal bank is beginning its third loan with Pro Mujer as part of the Alto Lima Regional Office. It is made up of 8 members and is directed by a governing board, of which Lidia is the president. The businesses run by the members of the communal bank are varied and include weaving blankets by hand, operating neighborhood stores, spinning llama yarn, and selling cheese. The loan that they receive will benefit the small micro-businesses of which Lidia is a member. She indicates that she joined Pro Mujer one and a half years ago, after she was invited by a promoter of the institution who visited her house. Currently, she weaves and sells blankets. She learned the weaving technique from her aunt and later decided to begin her own business, which generates economic resources. The loan that she requests will be used to increase her merchandise (buying wool) that she will buy from vendors in bulk. After she creates the blankets, she will sell them as her customers order them. This manner of working permits her to generate resources to support her family. She is in a common-law marriage and has two children. When asked what she likes about Pro Mujer, she responded that she likes the loan and the savings.