(MENAFNEditorial) iCrowdNewswire - Apr 21, 2017 Hormiguitas Group La Paz / El Alto, Bolivia / Food Production/Sales A loan of $5,975 helps a member to buy rice, pasta and oil in bulk. Hormiguitas Group's story
The communal bank Hormiguitas will start its ninth cycle with Pro Mujer, as part of the Paramericana regional office. It is made up of ten members and led by a board of directors where Angelica is the president.
The loan that they are taking out will benefit micro-entrepreneurs such as Angelica. She currently has a business selling meals, and states that she learned this business on her own initiative a number of years ago.
This loan will increase her capital to buy rice, pasta and oil in bulk, which she will get from wholesale merchants in the city of La Paz. She will later make and sell her products from her sales space.
This type of work allows Angelica to generate income to support her family financially, as she is single and has a son.
Note: In the photo above it is hard to see Esperanza, as she hid at the moment the photo was taken. Unfortunately, there is no other photo. Your understanding is appreciated.
In this group: Angelica, Ximena , Marcela, Andrea Luisa , Jacinta , Olga Valeria, Betty Gaby , Jesus Reynaldo, Karina , Esperanza*
*not pictured
Translated from Spanish by Kiva volunteer View original language description
This loan is special because: It empowers women through group lending. Manon Genouille Kiva staff
Contact Information:
Hormiguitas Group
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