Total loan: $1,000

Maria Julia

Flag of El Salvador
, , El Salvador / Arts

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A loan helped to buy silk and synthetic thread for producing hammocks.

Maria Julia's story

María decided to request another loan in order to have operating capital to invest in her business and keep it running. With the income she earns, she will be able to cover her living expenses and meet her financial commitments. María will buy silk and synthetic thread, since these are the primary materials that she will use to increase her production of hammocks.

With the financial support of her previous loan, she was able to increase her business inventory. The result was positive since María was able to produce hammocks without any limitations. She indicated that her business was unstable during the quarantine that was established to combat the COVID-19 pandemic. However, she gradually restarted her business. She currently has financial stability and paid off her debt with a good credit rating. María experienced health problems, but she was able to overcome them.