Update on Rosa AmaliaRosa is 57years old and lives with her brother, nephews, and her son. She has a tortilla factory and has worked it for more than two years. It’s been a very profitable business because tortillas are a basic part of the Salvadorian diet, so the demand is high. She is very hard working, wants to come out ahead, be financially stable, and have what she needs in her home.
She is asking for this loan to buy corn in bulk so she can get better prices. She also wants to buy salt and propane gas to make tortillas. Rosa wants to increase her production so that she can live better.
Previous Loan DetailsRosa Amalia is fifty-seven years old and lives with her son, brother, and nephews. She owns a tortilla shop. She has had the business for several years and has acquired considerable experience in sales. She is very well known in the region since she makes the most delicious tortillas in the area.… More from Rosa Amalia'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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