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Luis Alonso
Luis is 47 years old and lives with his wife and two children who attend school. Luis is a mechanic and has a small workshop where he also sells auto parts. He also farms so that he can provide for his family, and rents land where he raises corn and sorghum which he later sells to his neighbors, other people, and in markets and parks. His wife helps him and this helps the household financial situation. Luis is asking for this loan through INTEGRAL to buy corn and sorghum seeds in quantity, which he expects to use to produce more basic grains and increase his sales this way.
View original language description ↓
Luis de 47 años de edad, vive junto a su esposa y dos hijos quienes se dedican a estudiar. Luis es mecánico y posee un pequeño taller automotriz en el que se dedica a reparar automóviles y así mismo a vender repuestos. Con el deseo de contar con todo lo necesario para su familia Luis también se dedica a la agricultura, alquilando un parcela en la que siembra maíz y maicillo que posteriormente comercializa con vecinos, personas particulares y así mismo en mercados y parques, su esposa le ayuda a esta actividad que tanto bien le hace a la economía del hogar. Luis solicita un préstamo a INTEGRAL, por medio del cual pueda contar con el dinero necesario para la compra de maíz y maicillo por mayor, con lo que Luis espera producir más granos básicos y de este modo aumentar sus ventas.

Additional Information

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 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
  • 666
    View loans »
    El Salvador Loans Fundraising
  • $24,140,350
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $250 helped Luis Alonso to buy corn and sorghum seeds.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jan 19, 2013
Listed
Jan 26, 2013
Currency Exchange Loss:
N/A
Ended:
Feb 21, 2014