100%

funded

Total loan: $700

Nicomedes

, , El Salvador / Arts

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A loan helped to purchase silk thread and fabric-lining thread, cable eye stiffeners (also called "thimbles"), and other accessories for hammock production.


Nicomedes's story

Nicomedes has decided to apply for a new credit in order to have working capital that he will use to strengthen his hammock-making business. The credit he receives will help to purchase silk and fabric-lining thread, cable eye stiffeners, and other accessories for making hammocks. He will also be able to pay for the labor of the helpers he has in his agave fiber-weaving business.

The previous credits have been of great help to Nicomedes since he makes a living through his business, and his business generates income for maintaining his family. The nuclear family hasn't changed, but they have better living conditions and they haven't had health problems.