100%

funded

Total loan: $4,225

16 De Julio Group

El Alto, La Paz Department, Bolivia / Food

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A loan helped to buy potato and chuño wholesale.


16 De Julio Group's story

The “16 DE JULIO” communal bank is starting its first loan cycle with Pro Mujer, as part of the Senkata centre. The group has ten members and is governed by a board of directors. Candelaria is the President. The members' businesses are varied and include: potato and chuño sales; milk sales; cheese sales; vegetable sales; clothing sales; and food sales. This loan will benefit these small businesspeople. Candelaria says that she joined Pro Mujer due to an assessor's promotion. She currently has a business selling potatoes and chuño. She says that she learned this business over thirty years ago from her parents, due to economic necessity. This loan is for an increase in working capital (purchase of potato and chuño wholesale). She will purchase her products in the Colquencha market and sell them in the city of El Alto. This work allows her to generate an income to support her family. She is married with five children. When asked what she likes about Pro Mujer, she responded that she likes the training and socialization among clients in the payment meetings.