Update on Iris CarolinaIris Carolina, who is thirty years old, lives with her life partner and their children in her own home. She owns a beauty shop in a zone with many people and already has a lot of clients. Recently, the demand has increased for hair cuts, straightenings, styles, make-overs, among other good quality services that she offers at accessable prices. Moreover, her service is excellent. Iris is a hard-working and independent woman, who has always enjoyed taking advantage of all the opportunities that present themselves. Her greatest secret is her dedication to her work. She wants to see her business grow and it is for this reason, she requests INTEGRAL for a loan that will allow her to purchase tools for her work, cosmetics, creams, etc. Iris Carolina is confident that in this way, she will be able to give her family a better quality of life.
Previous Loan DetailsIris Carolina is 29 years old and lives in her own home with her husband, 31 year old Samuel, and their two children. Like other entrepreneurial women, Iris didn’t want to be the exception. She installed a small business in her home, where she has a beauty parlor and offers all sorts of cuts, s... More from Iris Carolina's previous loan »
About Apoyo IntegralApoyo 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.
Concurrent and Successive Loans
Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.
This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.
About El Salvador
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Success!! The loan was 100% repaid