100%

funded

Total loan: $1,000

Virgilia

Flag of El Salvador
, , El Salvador / Retail

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


A loan helped to buy drinks and clothes at wholesale, in order to acquire new products at a low cost to later sell and generate more income.


Virgilia's story

Virgilia is seeking a new loan because it seems like a good option to improve the profitability of her business, given that the institution provides good payment terms. Her primary business is selling ice, but on this occasion she will invest in the purchase of drinks and clothes at wholesale, in order to acquire new products at a low cost to later sell and generate more income. This will allow her to take advantage of some free space to use as storage for her products.

Virgilia's prior loan helped her generate a greater investment, and allowed her to obtain greater earnings, as she was able to offer her customers a larger variety of products. Today she has attracted new customers. Virgilia is a widow, but hasn't changed her civil status in her records. She continues living with her daughter, who is dependent on her.