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Total loan: $875
Tulcán, Carchi Province, Ecuador / Retail
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Martha Guadalupe's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!
A loan helped to buy merchandise such as: CDs, movies, flash drives, and cables.
Martha Guadalupe's story
Thanks to the support she received, Martha, an older adult woman who is unassuming and good natured, has been able to make progress. She has managed to stock up her small business selling CDs and taped films, which is located in the center of the city. Because of the pandemic, Martha has suffered a severe hit to her finances, as she had to close her store for 3 months. During this time, she was very worried, because she was not able to get the resources she needed to pay for her medicines. But she never lost faith that everything would get better, although she had to take part of the working capital from her business to pay for this necessity. This is why she is requesting a new loan to increase her working capital so that she can buy more merchandise such as: CDs, movies, flash drives, cables, and other accessories that her customers frequently request. This way, Martha hopes to improve her situation now that she is able to re-open her store.