100%

funded

Total loan: $550

Cristobal Isidro

Flag of El Salvador
, , El Salvador / Construction

Cristobal Isidro's loan finished fundraising,
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A loan helped buy clay, sand, water, and work tools for roof tile manufacturing, and to pay laborers to expedite the reactivation of the business.


Cristobal Isidro's story

Cristóbal is single and does not have children. He lives with his parents and two sisters. He supports his parents financially. He does not have relatives living outside the country.

Cristóbal is the proprietor of a factory making artisanal roof tiles. A brother helps him frequently, and occasionally he hires more workers. He learned the work ten years ago, and has worked independently for one year. His work day is from 4:00 a.m. until 2:00 p.m. The advantage of his business is his experience. The difficulty has been that, due to the Covid 19 pandemic, his capital has decreased because he has not worked as usual.

He is requesting a loan to have working capital available to reactivate the business. He will buy clay, sand, water, and work tools to make the roof tiles. Also, he will have funds to pay laborers to expedite the reactivation of the business. The loan will help him to recover from the crisis brought on by the pandemic. The risks of the investment are not in the short term; it is only when winter comes that is it difficult to continue production of roof tiles.

He aspires to make his business grow and to have better financial conditions to help his family, and in the future to have a nest egg to establish his own home.