100%

funded

Total loan: $5,600

Virgen De Guadalupe Group

Flag of Bolivia
El Alto, La Paz Department, Bolivia / Clothing

Virgen De Guadalupe Group's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!


A loan helped to purchase cloth.


Virgen De Guadalupe Group's story

The communal bank "Virgen de Guadalupe" will be starting its fourth lending cycle with Pro Mujer as a part of Centro Focal de Santiago II. The communal bank is made up of nine members and is run by a board of directors. Señora Melvi is the president of the board of directors. The members' businesses are varied and include: selling stockings, selling provisions, wooden handicrafts, selling quinoa, grocery sales, cellular repair services, weaving and selling woolen sweaters and carpentry services. The loan they are taking out will benefit small, micro-entrepreneurs, of which señora Melvi is one. She says that she joined Pro Mujer one lending cycle ago at the invitation of her sister, who is a member of the institution. Currently, señora Melvi has a business sewing "polleras" (typical Andean skirts). She tells us that she started her business a few years ago, after finishing classes learning to make "polleras." The loan that señora Melvi is taking out now is for increasing capital to purchase cloth. She will acquire the cloth in the wholesale stores in La Paz and later make and sell the skirts in her shop. This line of work allows her to generate the resources she needs to support her household as well as she can. She lives with her partner and has three children. When asked what she likes about Pro Mujer, señora Melvi says that she likes the area of health, the trainings and the loans.