Update on Raúl AntonioRaúl is 43 years old. He lives with his wife and one son, who is a student. He owns a grinder in his home which he rents so that people can grind different types of food such as sweetcorn, broad beans, vegetables, and other types of aliments, to make some kind of either dough or sauce. He also sells firewood and ground coffee to neighbours and people in the area. Raúl asks for a loan to buy one more grinder in order to serve more customers, and to buy more firewood wholesale for retail and more coffee to grind and sell. His greatest wish is to improve his business, since it is his only source of income with which to live with dignity and support his family.
Previous Loan DetailsRaúl Antonio, 41, is a very hardworking and family-oriented man, he lives with his wife and two young children. He owns a grinder in his home which he rents so that people can grinder different types of food such as corn, vegetables and more. As it is the only grinder in the area, Raúl has many… More from Raúl Antonio'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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