Update on Glenda YaniraGlenda is 34 years old and lives with her life partner and her children in her own house. She makes a living selling clothing and cosmetics. She has had the business for several years and this has given her a lot of experience that allows her to make a better income. The business is located in her home. She has obtained a large clientele because people know that it is all quality products at accessible prices.
Glenda is an enterprising woman who is dedicated to her work. She fights every day with maximum effort to make a better living. She wants to expand her business but she does not have enough supporting capital. That is why she is requesting a loan that will allow her to purchase more clothing like pants, shirts, skirts, blouses, children's clothing and all kinds of cosmetics, etc. Glenda is sure that she will be able to settle the debt and she hopes that it will bring her home financial stability.
Previous Loan DetailsGlenda Yanira is 33 years old and lives with her partner and children in her own house. She makes a living by selling clothes and cosmetics. She has had the business for several years; this has given her a lot of experience, which allows her to obtain better profits. The business is located in her… More from Glenda Yanira'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