A loan of $575 helped to purchase greater amounts of pine and cotton thread.


Argeda's story

Argeda is 62 years old and works making hammocks and bags in her town, San Jacinto, which is a traditional area known for its vertical weaving, which displays beautiful designs. She learned this art from her mother, who was an expert and started teaching her the trade when she was very young. That is why twelve years ago she decided to use her knowledge to generate her own income, by selling backpacks initially, and gradually hammocks. This business has allowed her to contribute to support her family and give them what they need. Her goal and her greatest challenge is having her own capital in order to sell a greater number of hammocks, so that she can help her children even more. Argeda approached Fundación Mario Santo Domingo to request a Kiva loan because it will allow her to try to gradually increase her working capital by investing in greater amounts of cotton and pine thread for making new hammocks. That way she will build an inventory and will be able to respond to her customers appropriately when they approach her ready to pay. Argeda is very well-known in San Jacinto for her products' excellent finish. That is why her customers recommend her, and her potential for growth is worth exploring.

Translated from Spanish by Kiva volunteer Mariana Sanchis



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