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Sep 30, 2016 7:53 AM ET

Archived: Bolivia: Arca De Noe Group – A loan of $6,225 helps a member to purchase clothing in bulk.

iCrowdNewswire - Sep 30, 2016

Arca De Noe Group

La Paz / El Alto, Bolivia / Clothing Sales
Borrower image

Arca De Noe Group’s story

The loan group “Arca de Noe” will begin its third loan cycle with Pro Mujer as part of the Centro Focal Villa Adela. It is made up of nine members and is led by officers of whom Cinthia is the president.

The loan that they will get now will benefit the small micro-entrepreneurs of whom Cinthia is one. Currently, she has a business selling clothing (aprons). She states that she learned this business from her family some years ago.

The loan that she will get now will be to increase her capital, purchasing clothing in bulk, which she will get from the salespeople in her community. Later, she will sell them in her sales space. This type of work allows her to generate resources to support her family economically since she is single and has a child.

Note – in the photo, Wilfredo does not appear because, after the payment, he had to leave quickly to his workplace but his wife stayed, who is in the photo.

In this group: Cinthia , Mercedes , Felipa , Sandra , Virginia , Senobia, Norma Reyna *, Wilfredo , Juana
*not pictured 

Translated from Spanish by Kiva volunteer Wendy Harris View original language description 

This loan is special because:

It empowers women through group lending. 

Kiva staff

A loan of $6,225 helps a member to purchase clothing in bulk.

Contact Information:

Arca De Noe Group

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