100%

funded

Total loan: $1,600

Paula

Flag of El Salvador
, , El Salvador / Agriculture

Paula's loan finished fundraising,
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A loan helped to buy chickens to fatten and laying hens, to gradually rebuild the inventory of her farm.


Paula's story

Paula is married and has three daughters, all of whom are financially independent. Paula's husband lives outside the country.

Paula works raising chickens. Her mother began the farm and when she died, Paula inherited it; Paula has been running the farm for 25 years. She works every day without specific hours.

The difficulty she has had in recent months is that, due to the Covid 19 pandemic, her business has inventory of only 40% of what it was before the pandemic began. This is because her work on the farm was complicated due to the period of quarantine that was implemented to avoid spread of the virus. Also, she had to sell chickens at a low price, in order to be able to generate part of the income needed to provide for her family.

She is requesting a loan because she needs working capital to stock the inventory of her business. She will invest in the purchase of chickens to fatten and of laying hens. In that way, she will be able to rebuild the inventory of her farm little by little.

Paula aspires to increase the inventory of poultry on her farm, and also to diversify by raising pigs, cattle, and free-range chickens. She sees an opportunity for growth in the market with this plan.