He works, together with his children, selling shaved ice in various flavors. They sell from place to place with his mobile sales cart and has many customers that prefer them for the quality of their product, their affordable prices and above all for the quick service. He’s an active, enterprising man who is dedicated to his work and who has many goals he wants to reach. He’s working hard to attain a more prosperous future for his family. He feels very happy with his business but knows that he has to make it grow if he’s to rise out of poverty.
Demand has increased in recent weeks so he’d like to invest in the purchase of necessary ingredients to make his product which is why he’s asking Integral for a loan to buy a new cart for his son to use so he can work and earn more income and be involved good activities as well as meet the demand of his clients. He will also buy ice at wholesale, flavoring agents, jellies. He has good payment references and is very responsible. He assures that he will be able to repay the loan while at the same time trusts that he will be able to bring economic security home.
More information about this loan
This loan is part of a pilot project Apoyo Integral is launching in conjunction with several local NGOs to support at-risk youth and their families with funding from Kiva. This loan product is tailored to young people who find themselves in high-risk situations because they are located in areas affected by extreme violence. Loans are combined with vocational, technical, and financial training to help these young people develop business ideas that will help them generate income, reintegrate into society, and support their dreams of being productive and contributing members of society.
Due to potential safety risks facing these youth, some of the loans are being disbursed to their parents in order to protect their identities. For the same reason, the faces of some Apoyo Integral borrowers may be blurred in photos. Apoyo Integral appreciates Kiva lenders' understanding of these challenges and encourages them to provide much-needed support to at-risk Salvadoran youth.
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