Total loan: $5,600
El Alto, La Paz Department, Bolivia / Arts
Crecer Group's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!
A loan helped to purchase fabric.
Crecer Group's story
The communal bank “Crecer” starts its third cycle in Pro Mujer, as part of the regional office of German Busch. It is made up of eight members, and is managed by a board of which Veronica is the treasurer. The businesses of the members of the communal bank are varied, among them are: sale of sporting goods, sale of fried potatoes with hot dog, sale of candy, transportation services, sale of clothing, and sale of cement. The loan they will get will benefit small micro entrepreneurs, where Veronica is a member. She says she has belonged to Pro Mujer for a year. She joined because of a friend’s invitation, who is a client of the institution. Currently she has a business knitting garments in macrame. She says she learned this business from her mother, who worked in the same business. Given support since she was a child, as time went by, she decided to open her own business. The loan she is getting is to increase capital (purchase fabric at wholesale) which she will get from the wholesale sellers in the city of La Paz, and after the making of the garments, she will sell them in her sales stall. This way of work allows her to generate income to support her family economically, as she lives with a partner and they have a daughter. When asked what she likes about Pro Mujer, she answers that she likes the health area and the training offered by the institution.