Total loan: $3,275

Palmeras De Sapahaqui Group

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El Alto, La Paz Department, Bolivia / Agriculture

Palmeras De Sapahaqui Group's loan finished fundraising,
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A loan helped to buy seeds at wholesale.

Palmeras De Sapahaqui Group's story

The "Palmeras de Sapahaqui" communal bank will begin its first cycle in Pro Mujer as part of the Patacamaya regional office. The group is made up of eight members and is lead by a board of directors, of which Señora Juana is the president. The businesses run by the members of the communal bank are varied, and include fruit sales, fruit production, artisanal basket weaving, basket production, and vegetable production. The loan they will take out will benefit small microbusiness owners like Juana. She indicates that this is the first time that she has been part of Pro Mujer, joining at the invitation of a representative of the institution who came to visit her house. Currently, she has a fruit production business. She states that she started this business on her own initiative; she has helped support her family since she was a child, so she knew the business. The loan that she will take out now is to increase her capital to purchase seeds at wholesale; she will acquire them from the wholesale vendors of the city of El Alto and later cultivate them on her farm so that she can sell the produce. This type of work allows her to generate resources to support her family, as she is married and has two children. When asked what she likes about Pro Mujer, she responds that she likes the training that the institution offers.