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Sep 23, 2016 6:04 PM ET

Archived: Bolivia: Flor De Cielo Group – A loan of $6,250 helps a member to buy footwear at wholesale.

iCrowdNewswire - Sep 23, 2016

Flor De Cielo Group

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Flor De Cielo Group’s story

The credit group “Flor y Cielo” is starting the tenth loan cycle in Pro Mujer, as part of Centro Focal Panamericana. This group consists fo ten members and is managed by a direction board which Florentina is heading.
The loan they are requesting will help small micro entrepreneurs where Florentina is a member. At the moment she has a business of selling footwear (sandals). She says, she has learned this trade from her mother many years ago.
The loan she is taking out now will be used to increase her capital and buy footwear at wholesale, which she will buy from the wholesellers in the city of La Paz. Later she will market them in her store. This way of selling will allow her to generate an income to financially support her family, because she is single and has four children.

In this group: Florentina , Lucia , Ariel Ever , Karen Tatiana , Julia Celia, Eusebia, Susana, Petrona, Rosenda , Eva
*not pictured 

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Translated from Spanish by Kiva volunteer Matthias WielandView original language description 

This loan is special because:

It empowers women through group lending. 

Kiva staff

A loan of $6,250 helps a member to buy footwear at wholesale.

Contact Information:

Flor De Cielo Group

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