Update on Corina GuadalupeCorina Guadalupe is 46 years old and lives with her husband and children in a home of her own. She has a stand where she sells snacks, bread, drinks, and other things in a school zone located near her home. She has been working on this for some time and has much experience in sales. This has allowed her to have better earnings and she has many steady customers because the students prefer to buy from her since she offers good products, at good prices, and provides excellent service above all. Corina is an enterprising woman with a great desire to get ahead. She has many dreams that she wants to reach and is prepared to work hard to achieve. She knows that this is the only way to succeed.
As with every good merchant, she wants to grow her business but she needs working capital, so she has requested a loan through INTEGRAL. This will allow her to buy snacks, drinks, bread, cookies, etc. in quantity. Corina Guadaupe has a good payment history and is of good moral character. She assures us that she will be able to repay the loan and believes that she will be able to give her family a good life.
Previous Loan Details45-year old Corina Guadalupe lives with her family consisting of her 55-year old husband and their five children, one of whom is working and the rest attend school. Corina runs a small store in the school zone in her neighbourhood where she sells a variety of products such as candy, soft drinks,… More from Corina Guadalupe'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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