100%

funded

Total loan: $3,300

Illampu Group

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El Alto, La Paz Department, Bolivia / Clothing

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


A loan helped to buy wool wholesale.


Illampu Group's story

The Illampu communal bank will begin its eighth cycle with Pro Mujer as part of the Panamericana regional center. It is comprised of eight members and led by a board of directors. Magnecia is the president. The members' businesses are varied and include selling blankets, transportation service, selling skirts, selling hats, and selling baby clothes. The loan that they will take out will benefit small business owners where Magnecia is a member.

She says that she joined Pro Mujer five years ago by invitation from a friend who is a client of the institution. She currently has a business knitting and selling baby clothes. She says that she learned this business from her mother, and she undertook it several years ago. The loan that she will now take out will be to increase capital (to buy wool wholesale). She will get the wool from the wholesale vendors in the city of El Alto. After making the clothes, she will sell them at her sales space. This way of working allows her to generate financial resources to support her family. She is married and has two children.

When asked what she likes about Pro Mujer, she answered that she likes the health services and the training that the institution offers.