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Rosa Elena

Update on Rosa Elena

Rosa, 55, lives in her own home with her two daughters and husband. She has a small business selling natural plants such as daisies, roses, carnations, etc., and has been in business for 15 years. Because of the variety of plants she sells and her low prices she has many customers. With her earnings and help from her husband and one of her daughters she is able to cover the household expenses.

Rosa is requesting a loan to buy a wider variety of plants wholesale to earn more profit and give her family more economic stability.
View original language description ↓
Doña rosa de 55 años de edad vive en casa propia con sus dos hijas y su esposo, ella tiene un pequeño negocio de ventas de plantas naturales como: margaritas, rosas, claveles, entre otros, desde hace 15 años, tiene mucha clientela pues vende variedad de plantas y a precios muy accesibles, con las ganancias que obtiene y con la ayuda de su esposo y de una de sus hijas logran cubrir algunos gastos del hogar, doña rosa solicita un crédito para poder comprar mas variedad de plantas por mayor para seguir obteniendo mejores ganancias y darle a su familia una mejor estabilidad económica.

Previous Loan Details

Rosa Elena, 54, lives with her life partner and their children in their own home. She makes a living selling flowers that suit her customers' tastes, like daisies, roses, and carnations, among others. They are beautiful, many-colored flowers at affordable prices, but above all, they have an… More from Rosa Elena's previous loan »

Additional Information

More information about this loan

This loan is part of Apoyo Integral's program to help subsistence farmers located in high-risk regions of El Salvador, including coastal strips, river banks, and volcano fault lines. The program, which offers reduced interest rates, targets farmers who don't qualify for formal funding due to their low-income and geographical risk. By funding this loan, you are helping Apoyo and a local non-governmental organization extend risk-tolerant credit to even more farmers.

About Apoyo Integral

Apoyo 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

  • $4,900
    Average annual income
  • 662
    View loans »
    El Salvador Loans Fundraising
  • $22,066,125
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $700 helped Rosa Elena to buy flowers and plants wholesale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 23, 2013
Listed
May 23, 2013
Currency Exchange Loss:
N/A
Ended:
May 18, 2014