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Hugo Alexander
Hugo Alexander G. G., 31, lives in Cojutepeque with his mother, who takes care of household chores. Hugo travels to the various neighborhoods of Cojutepeque selling a very well-known brand of naturalistic medicinal products. He also sells his products in the town of Sensuntepeque, also in Cuscatlán department.

Hugo is a very enterprising person, who makes every effort to attain good sales daily because he is responsible for all household expenses.

He is asking for funding to buy a larger quantity of medicines, since he must pay cash, but, because he sells on credit, has to have capital available to buy his stock.

He has been in this line of work for three years and he is fortunate to have a large base of regular customers who are good consumers of his product line; this is of great benefit for Hugo.
View original language description ↓
Hugo Alexander G. G. de 31 años de edad, reside en el municipio de Cojutepeque. Vive únicamente junto a su madre la cual se encarga de los quehaceres del hogar. Hugo posee una venta de medicina natural, de una marca muy reconocida, la cual comercializa de manera ambulante por los diferentes lugares de Cojutepeque, así mismo vende su producto en el pueblo de Sensuntepeque, siempre dentro del mismo departamento de Cuscatlán. Hugo es una persona muy emprendedora, quien se esfuerza mucho por lograr mejores ventas cada día, ya que debe solventar todos los gastos del hogar. Él solicita un préstamo a través del cual pueda contar con el dinero necesario para comprar mayor cantidad de medicina, ya que esta la compra al contado, pero a diferencia de esto Hugo vende su producto a crédito, razón por la cual el necesita contar con el dinero para comprar las medicinas. Desde hace 3 años que él se dedica a este tipo de trabajo, contando con la fortuna de poseer muchos clientes los cuales consumen mucho de su producto, lo que es de mucho beneficio para Hugo.

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

  • $4,900
    Average annual income
  • 615
    View loans »
    El Salvador Loans Fundraising
  • $22,145,550
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,125 helped Hugo Alexander to buy naturalistic medicines.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 10, 2010
Listed
Feb 17, 2010
Currency Exchange Loss:
N/A
Ended:
Oct 20, 2011