Update on Mónica JeanmilletteMónica Jeanmillette, 19 years old, lives with her family. She raises rabbits and chickens, and has been working in agriculture for many years, which has given her much experience that allows her to earn more. The land on which she raises her animals is located in an area with a lot of agricultural potential, and is close to where she lives. She sells all over the community, and she has many clients who prefer her goods because she always has what they need, her products are of the best quality, the prices are affordable and the service is good.
Mónica is a woman who is very dedicated to her work, is determined to succeed, and is always looking for opportunities that will help her to achieve success. She wishes to increase her production during this planting season but she does not have the necessary capital, which is why she is requesting this loan from INTEGRAL to allow her to purchase rabbits, chickens, feed, etc... Mónica Jeanmillette has good payment references, and assures that she can pay off the debt while at the same time giving her family a better quality of life.
Previous Loan DetailsMónica Jeanmillette, age 19, lives with her parents and a younger sister in their own house. She raises and fattens rabbits at her house. She has been doing this for many years, and she now has a lot of experience and recognition in the area. Her house is close to the city, so she sells the ... More from Mónica Jeanmillette's previous loan »
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.
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.
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Success!! The loan was 100% repaid