Total loan: $3,700
El Alto, La Paz Department, Bolivia / Services
Luciernagas Group's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!
A loan helped to buy fabric.
Luciernagas Group's story
Luciérnagas Communal Bank will start its third loan cycle with Pro Mujer as part of the Los Andes Regional Office. It's made up of eight members governed by a board of directors of which Nancy's the president. The bank members carry out a variety of businesses, including sewing athletic clothing, sales of clothing from the United States, athletic clothing sales, multicolored cloth sales, computerized embroidery, furniture sales, and coat sales. The loan they're getting will benefit small business entrepreneurs like Nancy. She says she has been a member of Pro Mujer for two years, having joined on the invitation of a friend who's a member. Currently Nancy has a tailoring business making athletic clothing. She says she started this business with a little bit of capital she and her husband had when they got married. Nancy's getting the loan to increase her capital by buying fabric from the wholesale stores in the city of El Alto. After production, she'll sell her clothing in other departments in Bolivia. This job allows Nancy to generate income to support her family, because she's married and has three children. When asked what she likes about Pro Mujer she says the training and the health field.