Update on Leonel AntonioLeonel Antonio lives with her life partner and their children. He works selling toasts of manioc, potatoes and bananas, and also cultivates corn as a complement to cover expenses. After several years in business working as a street seller in his area of residence and surroundings, he's become very well known. He has many clients thanks to his broad selling experience and always obtains the best income, offers the best prices and quality, and provides an excellent service. Leonel is dedicated to his job, energetic and tenacious, and is always seeking the best ways towards success.
Over the last few weeks he has seen an increase in demand and, as every good salesman would do, he wants to seize the opportunity to make a new investment to increase earnings. For this purpose, he needs some back-up capital, which is why he's requesting INTEGRAL a loan to buy bananas, manioc, potatoes, bags, etc. Leonel Antonio has a good payment track record and claims he'll be able to clear his debt. He's also confident he'll be able to provide his family with a better life.
Previous Loan DetailsLeonel is a very enterprising man. His greatest desire has been to give a good present and future to his wife, who has been with him whenever he has needed her to be. He's responsible and friendly, and always wants there to be food for his table. Leonel works selling and making potatoes, ban... More from Leonel 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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