100%

funded

Total loan: $1,000

Mercedes

Flag of El Salvador
, , El Salvador / Arts

Mercedes's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!


A loan helped to buy eyelets and different types of cotton and nylon thread for making hammocks.


Mercedes's story

Mercedes believes now is the right time to reinvest in his weaving business. He is also satisfied with the service he has received, so he decided to request another loan. The borrowed funds will be used to buy cotton and nylon thread in different colors and thicknesses, as well as eyelets, so that he can maintain his production of hammocks.

With his previous loan, Mercedes was able to replenish his inventory of supplies for his business. As a result, everything went well because his production was not interrupted. The difficulty he encountered was having to stop work as usual because of the COVID-19 pandemic. Despite this challenge, he was able to pay his loan installments. In addition, he worked to develop other business activities. His family has not undergone any changes, but they recently moved.