100%

funded

Total loan: $1,000

Vilma Del Carmen

Flag of El Salvador
, , El Salvador / Food

Vilma Del Carmen's loan finished fundraising,
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A loan helped to buy ice cream of various flavors, as well as sugar, rice, cooking oil, and other products of primary necessity in order to expand the inventory of her store.


Vilma Del Carmen's story

Vilma is applying for a new loan in order to have working capital available to reactivate her business of selling ice cream and her store with products of primary necessity.

She says that she is undercapitalized because during the quarantine due to the COVID-19 pandemic, her sales and earnings for the year 2020 decreased, and thus her economic situation is unstable.

With the borrowed funds, she will buy ice cream of various flavors, in addition to sugar, rice, cooking oil, and other products of primary necessity in order to expand the inventory of her store.

She comments that the previous investment was giving her positive results, because her sales were growing as well as, in the end, her earnings. But all her progress stopped because of the arrival of the COVID-19 virus in El Salvador, since restrictions arose that required her to stop working normally.

Vilma maintains the same family group, and at the moment, they are not facing any type of problems.