100%

funded

Total loan: $5,350

Espiritu Joven Group

El Alto, La Paz Department, Bolivia / Food

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A loan helped to buy vegetables wholesale.


Espiritu Joven Group's story

The “ESPIRITU JOVEN” Communal Bank is about to start its twenty ninth loan cycle with Pro Mujer, as part of the Santiago II centre. It is made up of eight members and is led by a board of directors of which Sofía is the President. The businesses which the members of the communal bank run are varied and among these are: selling clothing, selling vegetables, selling shoes, selling coca leaf, and transport services. The loan they are going to take out will benefit small micro businesswomen including Sofía. She says she joined Pro Mujer five years ago, entering on the invitation of a friend who is a client of the institution. Currently she has a business selling vegetables. She says that she learnt this business from her mum several years ago. The loan she is going to take out is to increase her capital to buy wholesale vegetables, which she will purchase from the wholesale saleswomen in the city of El Alto and she will later sell them at her sales point. This type of work allows her to generate an income to support her family financially, as she is married and has five children. When asked what she likes about Pro Mujer, she replies that she likes the health area and the training provided by the institution.