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Magda Estela
Magda is 44 years old and lives with her husband in her father’s home. She has a business that she inherited from her father and it has been great financial help. She has a store where she sells consumables and daily use products for the home. Many of the products are in high demand and Magda wants to increase her inventory because they provide good profits which is important to her and helps her and her husband have a stable life. Magda is asking for this loan in order to buy products such as powdered milk, bread, snacks, and sodas among other things. Magda has a great hope to be able to see her business in a better state and have the money she needs to get ahead.
View original language description ↓
Magda de 44 años de edad, vive junto a su esposo en casa de su padre, ella posee un negocio propio en cual fue heredado por su padre y que es de mucha ayuda para su economía. Ella tiene una tienda de productos de primera necesidad como comestibles y productos de uso diario en el hogar, muchos productos poseen una gran demanda por parte de las personas, las cuales Magda desea mucho poder aumentar, ya que le permitirán tener mayores ganancias lo cual es muy importante para ella, ya que es gracias a la tienda que tanto ella como se esposo poseen una vida estable. Magda solicita un préstamo a través del cual pueda contar con el dinero necesario para invertir en la tienda comprando productos como leche en polvo, pan, golosinas y sodas, entre otro número de productos más. Magda posee una gran ilusión de poder ver su negocio en mejores condiciones y brindándoles el dinero necesario para salir adelante.

Additional Information

About Apoyo Integral

Apoyo 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.

About El Salvador

  • $4,900
    Average annual income
  • 445
    View loans »
    El Salvador Loans Fundraising
  • $22,660,100
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $225 helped Magda Estela to buy products.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 20, 2012
Listed
Jan 1, 2013
Currency Exchange Loss:
N/A
Ended:
Jun 18, 2013