Update on SaraSara, 52, lives with her children in her own house. She makes a living selling tamales and has had the business for several years. She sells on the outskirts of the area where she lives. She's very well known and has acquired a lot of customers.
Sara's a responsible woman who's dedicated to her job. With her profits she has been able to get her two children ahead.
She wants to invest in her business because of demand she has, but she needs capital to be able to do it. That's why she's requesting a loan to help her buy all the materials to make her tamales: plantain leaves, corn, chicken, vegetables, etc.
She has a good payment record and is certain she'll be able to repay the debt and give her family a better quality of life without any limitations.
Previous Loan DetailsSara, age 51, lives together with her children. She makes tamales and has been at the business for many years, gaining a lot of experience in the kitchen and in sales, which is why she always makes a really good profit from her work. She vends in various towns in the area where she lives and is v... More from Sara'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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