100%

funded

Total loan: $1,500

Juan Antonio

Flag of El Salvador
, , El Salvador / Arts

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A loan helped to buy silk and polyester thread as well as other supplies to keep up his production of hammocks.


Juan Antonio's story

Juan is requesting a loan because of the good results he had from his previous loan. He needs the money to invest in stocking the inventory of his business. He will buy silk and polyester thread as well as other supplies to keep up his production of hammocks.

Thanks to his previous loan his business improved compared to the past as investing working capital increased his hammock production and he met his demand, which is increasing. Juan's economic income has been growing little by little and he has used it to lessen the basic needs of his family. He has used another part of his profits to start a new business which consists of selling staple food products. He hopes that with this investment he can strengthen the new store business.