Update on Norma Luz43-year old Norma is a single mother. She is a very responsible woman whose main priority is to see her two children do well in life. She has a business selling the tortillas she has made between midday and the evening. Her business is located in her house, and her daughters help her distribute the tortillas especially at weekends.
Norma really wants to improve her business because it provides a stable income that allows her to support her family. For this reason she is seeking a loan to buy corn in bulk and lime so she can make a greater quantity of tortillas especially on weekends when demand increases because many other tortilla makers close their businesses. In this way she will be able to earn more money allowing her to have more financial stability.
Previous Loan DetailsForty-one year old Norma Luz S. D. G. is a single mother who is very responsible and whose priority is to raise her children. One is a seven year old girl and another is fifteen years old, they are both students. Norma lives with her daughters in the Ilopango municipality in the San Salvador… More from Norma Luz'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
453View loans »