Update on Jeremías MisaelJeremías is 54 years old and lives in his own house. He has a sewing business that he runs out of his house. He makes different types of clothes and he has had many customers recently because the work that he does is excellent and he sells it at a very reasonable price.
He is very dedicated to his work and is responsible and honest.
Jeremías is asking for a loan which will allow him to buy fabric, thread, needles, and everything related to sewing. In this way, he will continue satisfying the needs of his customers and will be able to achieve a better quality of life.
Previous Loan DetailsJeremias Misael, fifty-two, lives in his own house. He has a sewing workshop where he lives and he makes different types of clothing. Lately he has had many customers thanks to the Christmas season and also because all of Jeremias’ work is of good quality and fairly priced. He is a very dedica... More from Jeremías Misael'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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