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Abelino
Abelino G. G. lives in La Paz. He is 47 years old and has a small ice cream business. Despite earning a daily income from his sales, he does not have a large profit margin because he has to spend money every week on transportation to keep his inventory stocked. Abelino is requesting this loan because he wants to purchase a larger quantity of products so he will be able to take advantage of when he has to travel to buy ice creams, since then he wouldn't have to return as often and can save on transportation costs. In this way he will benefit more economically from his sales.
View original language description ↓
Abelino G. G. vive en departamento de La Paz, Abelino tiene 47 años de edad, posee un pequeño negocio de helados , a pesar que sus ingresos por sus ventas son a diario pero esto no es suficiente para lograr un buen margen de ganancia; ya que semanalmente gasta en transporte por qué tiene que surtir su inventario, Abelino solicita este crédito por que quiere comprar una mayor cantidad de productos y así aprovechar el día que tiene que viajar a comprar helados ya que si compra una mayor cantidad no tendrá que regresar a la semana de esta manera ahorrara en transporte y tendrá más beneficios económicos en sus ventas.

Additional Information

About Apoyo Integral

Apoyo Integral (Apoyo) is a nonprofit organization offering financial products that enable clients to increase their working capital, purchase fixed assets, buy and remodel homes, expand agricultural business and more. The organization’s target group is businessmen and women who have already established their businesses but need financial support to strengthen or expand them.

Like Kiva, Apoyo is committed to empowering women involved in business activities in rural areas. Kiva lenders’ funds will be used to expand these services to an even greater number of poor clients in rural areas.

About El Salvador

  • $7,500
    Average annual income
  • 664
    View loans »
    El Salvador Loans Fundraising
  • $26,152,225
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Abelino buy larger quanity of products to reduce transportation expenses.
100% repaid
Repayment Term
22 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 28, 2009
Listed
Jun 11, 2009
Currency Exchange Loss:
N/A
Ended:
Feb 26, 2011