100%

funded

Total loan: $1,000

Santos Lazaro

, , El Salvador / Arts

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A loan helped to purchase silk and faux silk string; with these materials, he will increase his hammock production.


Santos Lazaro's story

Santos has decided to ask for another loan to be able to increase the hammock production and, so, to get more earnings. He will use the money to purchase silk and faux silk string; with these materials, he will increase his hammock production.

The effect of having invested the previous loan in his business was very good because he has continued working making hammocks during the life of the loan and, also, there was a considerable quantity of raw materials left in his inventory to work while he applied for the new financing.

Santos says that, in addition to working in weaving, he grows basic grains and this season the corn, bean, and sorghum harvests have been abundant. The harvests are for family consumption and sometimes he sells them to get more income. He does not mention any substantial change.