Update on Claudia KarinaClaudia lives with her child in her own home. She has a store where she sells basic necessities such as beans, milk, eggs and bread, among other things. She has been running her business for many years, and this has given her experience in sales, which allows her to make the best earnings.
Her store is located in her home, and it is well-known by the neighbours in the area. She has a large customer base so she keeps the shop well-stocked. She wants to expand her business and make a new investment into it, but she needs capital to do this. For this reason, she is asking for a loan to allow her to buy necessary items for her store, like soft drinks, bulk grains, oil, coffee, sugar, etc. She promises that she will pay off the debt and also says that it will give her family a better quality of life.
Previous Loan DetailsClaudia Karina P. D. is 25 years old. She lives in San Vicente department with her husband and her school-age daughter. Claudia has a store in which she sells basic household goods such as bread, milk, eggs, canned goods, bottled water, vegetables and other products besides. She is a very… More from Claudia Karina'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.
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