100%

funded

Total loan: $1,500

Jose De Jesus

Flag of El Salvador
, , El Salvador / Retail

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A loan helped to purchase sugar, cooking oil, drinks, rice and other basic goods to restock his store's inventory.


Jose De Jesus's story

José is a very recognized person in his community for being hardworking and honest. He lives with his life partner and their daughter, who is two years old. He has relatives who live outside the country. Don José's businesses consist of raising cattle, growing basic grains and he also sells products from the basic basket. These trades he learned with the help of his family. Currently he tends to his business together with his partner. They work from 7:00 am. at 5:00 pm.

The difficulty he has had with his businesses is that due to the quarantine that was established in El Salvador due to the COVID 19 pandemic, the sale of his products decreased, so his economic situation is quite unstable.

He applies for a loan because he needs working capital to replenish his business inventory. The borrowed funds will be used to buy sugar, cooking oil, beverages, rice, and other items in the basic basket to replenish the store's inventory. The investment will help him to strengthen his business and gradually stabilize his sales and financial income.

His dreams are to grow his business, have more satisfied customers and improve his economic conditions to optimize the family lifestyle.