Andrea has been making textile handicrafts for the last twelve years. At 36, she is married and has 6 children. Before she became a client of Grameen Foundation partner AlSol, she embroidered her fabric and maintained a small production. Many times she would not be able to meet the demand for her crafts because she did not have enough resources to invest in her small business.
When Andrea began as a client of AlSol, she received an initial loan of 500 Pesos (about USD 50.) With the first loan, Andrea was able to purchase fabric so that she could increase her supply of embroidery products. With the subsequent loans she purchased additional raw materials to further expand her business.
Andrea’s participation in AlSol and the subsequent growth of her business have had tremendous impact on her family’s life. “Since participating in the program I have purchased land, improved my family’s nutrition, and supported my children through school. I expanded my business and constructed two additional rooms onto my home, which I now use to sell my products from.” Beyond the benefits that her family has seen, Andrea enjoys belonging to a group and supporting her peers through both business and personal hardship. “AlSol has improved my life in ways that I could not have imagined.”
To learn more about this author, visit Grameen Foundation's Website.
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Grameen Foundation
(Visit Grameen's Website)
Grameen Foundation's mission is to empower
the world's poorest people to lift
themselves out of poverty with dignity
through access to financial services and
to information.
With tiny loans, financial services and
technology, we help the poor, mostly
women, start self-sustaining businesses to
escape poverty. Founded in 1997 by a group
of friends who were inspired by the work
of Grameen Bank in Bangladesh, our global
network of microfinance partners reaches
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