Update on Sara VictoriaSara is 32 years old and lives at her mother's house with her mother and siblings. Sara has a shop selling stuffed tortillas, made with cheese or cheese and beans, among other fillings. She has had the business for six years and is well-known in the town. Sara has a good customer base and, with the profits that she earns, she can contribute to the household bills. Sara is a very responsible woman and is very dedicated to her work. She wants to invest in the business so she is applying for a loan that will allow her to buy corn, cheese, pork cracklings, beans, vegetables and more. Sara has a good credit rating and a strong sense of morality. With this loan she is confident that she will be able to bring greater financial stability to her home.
Previous Loan DetailsSara Victoria, 31, lives with her family. She has a pupusa shop where she sells pupusas of mixed ingredients, of cheese, and of bean and cheese, among others. She has had the business for several years and is very well known in the town because her pupusas are so delicious. She has gotten many… More from Sara Victoria'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