Update on Elsy GuadalupeDoña Elsy is 47 years old and sells all types of clothing such as skirts, blouses, undergarments, and other items for women, men, and children. In the photograph, she is shown at her business. Elsy lives with her life companion and their two children, ages 8 and 14, who are currently studying. She is a hardworking and responsible woman. Her business is located along the main street of the town where she lives. A great deal of trade takes place in this area since there are different businesses, street vendors, and a large number of people that pass through.
Doña Elsy is requesting a loan so that she can buy more merchandise in order to restock her business. As a result, she will generate more income to help with the household expenses and to provide greater financial stability.
Previous Loan DetailsElsy Guadalupe is 46 years old and is a very hardworking and responsible woman who has her own business. She lives with her life partner and her two children who are studying. Elsy works selling clothes and shoes for women, men and children. Her shop is located in the main street of the village she… More from Elsy Guadalupe'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