A loan helped to buy raw materials to ensure her hammock business continues smoothly despite global economic uncertainty.

Nutda's story

Nutda lives with husband and four kids in a small rural village in northern Thailand. She and her family face the same challenges as many rural villagers: obstacles to employment, dependence on uncertain crop prices and a lack of formal education.

Nutda has been a subsistence farmer for many years. Alternative employment is scarce, unless one is prepared to move to a big city, far away from family and familiarity. Prior to weaving hammocks, Nutda worked as a laborer in slash and burn farming. Agriculture in the part of Thailand where Nutda lives is far from easy and particularly dangerous.

Hammock weaving has not just been an excellent alternative, but a significant improvement to Nutda’s quality of life and provides a much-needed increase in income. The profits she earns from weaving hammocks goes towards her children’s education and household expenses! She says of her earnings, “It allows us to meet our normal family expenses and meet incidental costs of sending our children to school without going into debt.”

This loan will help Nutda stabilize her hammock-weaving income by ensuring she has supplies and yarn to weave consistently throughout the coming year.

This loan is special because:

It creates employment opportunities for vulnerable populations living in remote rural areas.

Loan details

Lenders and lending teams

Loan details