Update on FidelinaFidelina, 49, is a single mother who lives with her 2 children. She has a business selling aluminum products such as: pots, cups, forks, frying pans, and other items. She also sells cleaning products. She's had this business for 14 years, over which time she has acquired a lot of sales experience which enables her to obtain the best earnings. She sells in a neighborhood where there are many passers-by, and she has a lot of customers because of the quality products that she sells. Fidelina is a very hardworking woman who wants to make a new investment in her business. This is why she is requesting a loan to buy aluminum products and cleaning products. This way, she will be able to continue to give the best to her children and cover her expenses.
Previous Loan DetailsFidelina is forty-seven years old and lives with her children. She sells aluminum products such as pots, cups, forks etc. She also sells cleaning products. She has been in this business for several years and has gained a lot of experience in the sale that obtains the most money. Her stall is ... More from Fidelina'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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