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Total loan: $3,425
Mujeres Del Alba Group
El Alto, La Paz Department, Bolivia / Arts
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Mujeres Del Alba Group's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!
A loan helped to buy cans wholesale.
Mujeres Del Alba Group's story
Mujeres del Alba Communal Bank will start its first loan cycle with Pro Mujer as part of the Panamericana Regional Office. It's made up of eight members governed by a board of directors of which Felicidad is the president. The communal bank members carry out a variety of businesses, including clothing sales, footwear sales, food sales, trash can sales, and salchipapa [sausage and potatoes] sales. The loan they're getting will benefit small business entrepreneurs like Felicidad. She said she has been in Pro Mujer for seven years, having joined on the invitation of a friend who's a member. Currently she has a business making crafts with cans. She said she started the business several years ago on the initiative of her deceased husband, who taught her the technique. She continued with the same business as time went on because she had a lot of customers. The loan Felicidad is getting is to increase her capital with a bulk purchase of cans from the wholesale recycling vendors in the city of La Paz. After production, she'll sell them in her sales stall. This job allows her to earn an income to support her family, because she's a widow and has five children. When asked what she likes about Pro Mujer, she says she likes the savings and the meetings the institution offers, and the meetings with her communal bank.