Update on Aracema MadiliaAracema is a very hard-working woman who is always looking to improve with every day. She lives with one daughter and a little granddaughter. Aracema works very hard in her business, a small bookstore, where she also sells sandals, creams, makeup, and hair dye. Her business is located in her home and it is quite stable, since it is the only store of its kind in the area. In order to make an income, Aracema also sells clothing door-to-door. She has several fixed clients. She is requesting a loan from Integral, which she will invest in the purchase of more stationery products, clothing, and cosmetics. Aracema will be able to improve her sales and have a better, stable life.
Previous Loan DetailsAracema, 52, is a very responsible lady who has very good references. She lives with her daughter and granddaughter and she works very hard for them. Aracema has a stationery shop where she sells notebooks, books, various types of paper and also leather purses. It’s located in her house and is… More from Aracema Madilia'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