100%

funded

Total loan: $1,000

Mercedes

Flag of El Salvador
, , El Salvador / Arts

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A loan helped to buy nylon thread and sleeves to work in the production of hammocks. Part of the money will also be used to pay the wages of his employees.


Mercedes's story

Mercedes asks for a loan because he needs working capital to continue working in his rigging business. He has also made this decision because the loan institution provides a good service. With the borrowed funds, he will buy nylon thread and sleeves to make hammocks. Another part of the money will be used to pay his employees.

The previous loan he received allowed him to strengthen his business with the necessary materials for making hammocks, which has been very helpful in increasing his production and sales. Currently, he serves new clients, and since he offers a quality product. His family group has not changed but he now lives in a new home.