Update on Karla MarisolKarla, 20, is a young mother who works hard to provide the best for her family. She lives in her father-in-law’s house with her husband and little three-year-old daughter who is about to start school which concerns Karla very much because she wants to give her little one the best.
Karla works manufacturing and selling artisanal chocolate that’s used to make beverages. She sells it from place to place and because of its delicious flavor and quality she has many customers that place weekly orders that Karla wants to fill on time. She stands out for being very hardworking and for being someone who always wants to improve more every day which is why she’s asking INTEGRAL for a loan to stock her business buying more cocoa, sugar and other basic ingredients used to make chocolate. She does all this aiming at earning higher profits to have a better life for her and her family.
Previous Loan DetailsKarla is 21 years old and she lives with her husband and their three year old son. The house in which they live is owned by her father-in-law, so it is now her own. She is a responsible mother, attentive, caring, honest and very dedicated to her son. She owns a business in which she sells… More from Karla Marisol'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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Success!! The loan was 100% repaid
- Repayment Term
- 14 months (Additional Information)
- Repayment Schedule
- Jan 22, 2013
- Feb 1, 2013
- Currency Exchange Loss:
- Feb 21, 2014
Photo from previous loan
Kiva allows our Field Partners to re-use the same photo for individual borrowers that have been posted on Kiva's website once before in a 24 month period, and we allow them to re-use group photos for up to 24 months, provided that 80% of the current group's membership is represented.
Taking, collecting, and uploading photos of borrowers is one of the most challenging elements of using Kiva for our Field Partners. In order to make Kiva easier for Field Partners to use, we have allowed them to post successive and concurrent loans without taking a new photo of the borrower if the criteria above are met.