Update on Elsa IrahetaElsa, 58, lives in her own house with her three children. She has a store where she sells basic necessities, beans, milk, bread, and other products. She has many years of experience in her business, which has given her the experience in sales that allows her to earn the best profits.
Her store's located in her home. She's very well known among the neighbors in the area. She has acquired a lot of customers because her store is stocked.
She wants to grow her business and make a new investment. She needs capital, though, so she's requesting a loan to buy what she needs for her store: eggs, basic grains, oil, sugar, sweets, refreshments, etc.
She's certain she'll pay off the debt and also trusts she'll give her family a better quality of life.
Previous Loan DetailsElsa is 58 years old. She is a woman who is very dedicated to her home. She owns her own business and thanks to it, she has everything she needs to live. She lives with her three children and is a single mother. This makes Elsa have to work twice as hard to get ahead with her family. Elsa has a… More from Elsa Iraheta'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