José is an enterprising, energetic person who very much wants to get ahead. He’s always on the lookout for new opportunities that will help him reach success. Demand increased last harvest and he wants to increase production but lacks sufficient capital to do so which is why he’s asking Integral for a loan to José Ángel buy corn, bean and sorghum seeds, manure, etc. José Ángel has good payment references and is sure that he will be able to repay the loan while at the same time provide his family with a better quality of life.
More information about this loan
This loan is part of Apoyo Integral's program to help subsistence farmers located in high-risk regions of El Salvador, including coastal strips, river banks, and volcano fault lines. The program, which offers reduced interest rates, targets farmers who don't qualify for formal funding due to their low-income and geographical risk. By funding this loan, you are helping Apoyo and a local non-governmental organization extend risk-tolerant credit to even more farmers.
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.
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Success!! The loan was 100% repaid