Total loan: $5,650
Jhaguas Pankarita Group
El Alto, La Paz Department, Bolivia / Retail
Flag of Bolivia
Jhaguas Pankarita Group's loan finished fundraising,
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A loan helped buy miniature crafts wholesale.
Jhaguas Pankarita Group's story
The “JHAGUAS PANKARITA” group will begin its twenty-second loan cycle with Pro Mujer, as part of the Focal Center of Villa Exaltation. It is composed of eight members and is led by a board of directors on which Nieves is Treasurer. The businesses that the members of the communal bank run are varied; among them are: sales of miniature crafts, sales of traditional Andean skirts, sales of clothing, sales of cosmetics, sales of sportswear. The loan that they will take out will benefit women small microentrepreneurs of which Nieves is a member. She states that she has been a member of Pro Mujer for nine years, joining by way of an invitation from a friend who is a client of the institution. Currently she has a business selling miniature crafts; she discloses that she learned this business several years ago from her brother. The loan that she will take out now is to increase the stock (wholesale purchase of miniature crafts) that she will acquire from the wholesale vendors in the city of La Paz and subsequently market in the fairs of the city of El Alto. This type of work allows her to generate resources to support her family economically, since she lives in a common law marriage and has two children. When she is asked what she likes about Pro Mujer, she responds that she likes the health services that the institution provides.