Update on Margarita BeatrizMargarita Beatriz, 28, lives with her life partner and her two children. She runs a beauty salon and has had this business for many years. She’s gained a wealth of experience in her job and gives excellent hair cuts and styles. In addition to this business and in order to cover her household expenses, she sells products from home, like cosmetics, clothing and other various items that people request. She’s well-known and already has a lot of clientele who prefer her for the quality, good prices and excellent services she provides. What sets her apart is that she’s kind and honest, committed to her work, enterprising and filled with the desire to get ahead. Every day she makes the maximum effort to find opportunities that will lead her to success. In the last weeks, there’s been an increase in demand for her products and she’d like to take advantage of this by making a new investment in her business in order to serve all of her clients. That’s why she is requesting a loan from INTEGRAL to buy beauty products, clothing, candy, gift wrap, etc. Margarita Beatriz has good payment references and is very responsable. She is certain she can pay back the loan, and at the same time, she confides that she can take home some financial security.
Previous Loan DetailsMargarita Beatriz lives with her common-law husband and two children. She has a small cosmetics and clothing sales business and has been able to attract many customers because of her quality products and low prices. Her customers can alway find what they need at her shop. Margarita is a hard… More from Margarita Beatriz'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