Update on Mariana LuzMariana Luz lives together with her children in her own house; She has a carpentry shop where she makes furniture, chairs, tables, benches, and other things. She has had this business for several years and this has given her much experience in this field, which allows her to obtain the best earnings. Her business is located in a place she rated as excellent for her business. This has helped her to build a large clientele as she is a person that is reliable, just like the raw materials she uses. She sells at accessible prices and the service is excellent.
Mariana is an entrepreneurial woman and a visionary. She is always ready for new opportunities that will bring her success. She wants to make her business grow and plans to invest in the new year that just began, but she needs capital. That is why she is requesting a loan from INTEGRAL, which will allow her to buy wholesale wood, nails, paint, varnish, etc. Mariana Luz has loan experience and very good recommendations. She is certain that she will be able to pay off her financing and at the same time she can give her family the quality of life that they deserve.
Previous Loan DetailsMariana Luz, 47, lives with her children in their own house. She has a carpentry shop where, with her son's help, she makes all kinds of items from wood: tables and chairs, among other things. She has had the business for years and is well known by the local people because the quality of her work… More from Mariana Luz'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