Total loan: $4,800
El Alto, La Paz Department, Bolivia / Retail
Concentidas Group's loan finished fundraising, but these other borrowers need your support
A loan helped to buy tools wholesale.
Concentidas Group's story
The Concentidas communal bank will begin its ninth cycle with Pro Mujer as part of the Los Andes regional center. It is comprised of nine members, and it is led by a board of directors. Silveria is the president. The businesses of the members of the communal bank are varied and among them are selling vegetables, selling food, selling traditional skirts, a neighborhood store, selling plants, selling clothes, and a hardware business. The loan that they will take out will benefit small businesswomen where Silveria is a member. She says that she has been a member of Pro Mujer for five years. She joined by invitation from a representative of the institution. She currently has a business, a hardware store. She indicates that she set up this business several years ago. She did so with the support of a friend who guided her in getting and selling these products. The loan that she will now take is to increase capital (to buy tools wholesale). She will get them from the wholesale sellers in the city of El Alto. She will later sell them at her place of sales, where she works every day with the help of her son. This way of working allows her to generate resources to support her family. She is a widow, and she has two children. When asked what she likes about Pro Mujer, she replied that she likes the training that the institution offers.