By Jeannie Balanda | Executive Director
The artisans from Agua Caliente are really excited. They're excited because their new looms have been installed which they purchased in part using microcredit loans. MayaWorks also provided some grant funds to help the women with their purchase of the looms. These looms are going to allow them to create a new product that promises to be a great seller -- a tallit, which is a prayer shawl used by Jewish people when they pray or attend services at the synagogue. They will also be able to use the loom to create many other products at their discretion that they will sell in their local market.
The woman have been hard at work perfecting the shawl. While the artisans are adept at creating shawls, this one has been particularly challenging because it requires significant sewing which is not something that comes second nature to them. They perservered and preliminary market tests show this is going to be a good seller. This is good news for the artisans. They will earn more income weaving this special product and they will be able to pay off their loan in a shorter time.
Microloans are an important part of the way we can suppot artisans as they work toward lifting themselves out of poverty.
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