Update on Rosenda YanethRosenda is 32 years old and lives with her three sons. She has a store where she sells primary needs products, such as beans, milk, bread, chicken, snacks, soft drinks, and other things. Her business is set up in her home and she has had it for three years. She has many customers because people know her well and prefer the quality of the items she sells because of the good prices and above all the excellent service.
Rosenda is very dedicated to her work, active, and with a great desire to get ahead. Like a good merchant, she wants to increase her sales but needs capital to invest. She is asking for a loan which will allow her to buy beans, bread, snacks, instant products, soft drinks, etc. In this way she can increase her income so she can provide her children with a better quality of life.
Previous Loan DetailsRosenda Yaneth, 31, lives with her children. She has a store where she sells staples like beans, milk, bread, and chicken, among others. The business is located in her home and she has had it for several years. She has gained valuable experience, which has allowed her to have better sales. Rosend... More from Rosenda Yaneth'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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