Total loan: $3,875

Santiago Ii Group

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El Alto, La Paz Department, Bolivia / Retail

Santiago Ii Group's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!

A loan helped to purchase children's books in bulk.

Santiago Ii Group's story

The “SANTIAGO II” communal bank group will begin its first loan cycle with Pro Mujer, as part of the Centro Focal de Collpani. It is made up of nine members and is led by officers of whom María is the president. The businesses that the communal bank group members have are varied, and include book sales, clothing sales, a welding shop, food sales, seasoning sales, jewelry sales and a neighborhood store. The loan that they are taking out will benefit the small business-owners of whom María is one. She says that she joined Pro Mujer at the invitation of a friend who is a client of the institution. Currently, she has a business selling books. She says that she learned this business from her friend more than five years ago. The loan that she is now getting is to increase her capital (purchase children's books in bulk), which she will get from the wholesalers in the city of La Paz and will later sell in the fairs in the city of El Alto. This type of work allows her to generate resources to support her family economically, since she is married and has five children. When asked what she likes about Pro Mujer, she says that she likes the training and the health area that the institution offers.