Update on Reina EsperanzaReina Esperanza, 45, lives with her life companion and children. She is a fruit and vegetable merchant; she sells tomatoes, onions, chilies, potatoes, bananas and oranges, among others, in her local market. She’s had her stand for several years now and she’s acquired much experience that allows her to always earn the best profits. She’s also acquired a large regular clientele because people prefer her because she always has what they need at affordable prices and products are top quality.
Reina is an enterprising woman who is dedicated to her work. She’s always on the lookout for new opportunities that will help her find the best road to attain success. Like all good merchants, she want to increase her business but needs capital to do so which is why she’s asking Integral for a loan to buy tomatoes, chilies, onions, potatoes, bananas, etc. Reina Esperanza has good payment references. She’s responsible and assures that she’ll be able to repay the loan. At the same time, she has faith that she will be able to offer her family a better quality of life.
Previous Loan DetailsReina Esperanza lives with her children who are still going to school. She sells fruit and vegetables in the municipal market where they live. She has her stand located in a strategic spot in the market so she has many customers. Besides, the fruit and vegetables she sells are fresh and of ver... More from Reina Esperanza'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