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Santos Leonor

Update on Santos Leonor

Santos lives in her own house with her three children. She has a stand at her home where she sells "pupusas" (tortillas stuffed with cheese and meat or beans). She has been doing this work for a number of years and the profits she earns have allowed her to cover household costs. Santos is feisty and determined to provide the best for herself and her family - she does not want the family to go without. Santos is satisfied knowing that she has regular customers, as she is in an area that has many passers-by. Santos want to finish building the septic tank in her hope so that she can install a bathroom. However, she does not have a high enough income to invest in this work and is therefore applying for a loan that will allow her to buy cement and sand and to pay for labourers to finish the work and build the bathroom.
View original language description ↓
Doña Santos vive en casa propia con sus tres hijos, ella tiene un puesto de pupusas en su lugar de residencia desde hace varios años con las ganancias que obtiene de sus ventas logra solventar los gastos de su hogar. Es una mujer luchadora que su empeño es dar lo mejor de si misma, para que a su familia no le falte lo necesario para la subsistencia. Cuenta con la satisfacción de tener clientela fija ya que esta ubicado en un lugar muy transitado. Doña santos desea terminar una fosa séptica en su vivienda para poder construir el baño pero no cuenta con los suficientes ingresos para esta inversión, por eso esta solicitando un crédito que le ermita comprar cemento, arena y pago de mano de obra para poder terminar el trabajo y poder construir el baño.

Previous Loan Details

Santos is 49 years old and lives with her three children (ages 17, 12, and 3) who are completely dependent on her. She does not rely on help from anyone else in order to sustain her household.

Santos prepares “pupusas”… More from Santos Leonor's previous loan »

Additional Information

More information about this loan

This loan is a special product offered by Apoyo Integral to help impoverished individuals in El Salvador make improvements to their homes, so as to offer safer and healthier living conditions to their families. These are individual loans for which the Field Partner has significantly lowered their guarantee standards because
the borrower is grouped with other Apoyo clients in a solidarity agreementNormally, families at certain income levels are not eligible for housing loans. However, since group members are cross guaranteeing one another, Apoyo Integral has decided to fund these loans. Further, the field partner is working through local community development organizations to not only determine which families are the best candidates for the loans but also to offer technical assistance and education for loan recipients covering topics such as financial education, proper hygiene and sanitation, and efficient use of electricity.

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 Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About El Salvador

  • $4,900
    Average annual income
  • 656
    View loans »
    El Salvador Loans Fundraising
  • $22,073,975
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Santos Leonor to buy cement and sand and to pay for labourers.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 22, 2013
Listed
Jun 7, 2013
Currency Exchange Loss:
N/A
Ended:
Jun 19, 2014
This photo was used before for a previous loan for Santos Leonor. It was first posted on Kiva on Nov, 2012. Learn More