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Miguel Ángel
Miguel Ángel P. L. lives in one of the most heavily populated municipalities of San Salvador, which is called Soyapango. Miguel is 59. He lives with his wife, his daughter, his son-in-law, and his grandchild.

Miguel has always been a very creative person in creating devices made from iron. This ability has caused Miguel to start a business of selling things made from different types of metal. Most of the orders are for cages for a variety of animals. Miguel does not only work on designs made with iron. He also manages a small business selling basic grains.

He is asking for a loan to buy basic grains for his inventory. He will also get a greater variety of iron to keep making other types of products to sell.
View original language description ↓
Miguel Ángel P. L. reside en unos de los municipios más poblados de San Salvador llamado Soyapango. Miguel tienen 59 años de edad vive con su esposa, la hija, su yerno y el nieto. Miguel ha sido siempre una persona muy creativa para la creación de artefactos con hierro, esas habilidades llevan a Miguel a poner su negocio de artículos hecho con diversos tipos de hierro, la mayoría de pedidos son de jaulas para variedad de animales, pero Miguel no solo trabaja en sus diseños hechos con hierro; también maneja una pequeña venta de granos básicos. El solicita de un crédito para invertir en su inventario de granos básicos y también para adquirir más variedad de hierro para seguir fabricando otros tipo de productos para ser comercializados.

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
  • 790
    View loans »
    El Salvador Loans Fundraising
  • $25,672,000
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Miguel Ángel buy supplies to increase the production of his products.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 29, 2009
Listed
Oct 21, 2009
Currency Exchange Loss:
N/A
Ended:
Jan 15, 2011