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Miguel Antonio
Miguel, 45, lives in his own home with his wife and 13 year-old child. He has a store where he sells basic consumer goods such as: beans, milk, bread, and other items. He's had this business for 4 years, and this has given him a lot of experience in sales that allows him to get better earnings. His business is located in his house in a very busy location, and it's well known by the neighbors in the area. He has attracted a lot of customers, because his store is well stocked.

Miguel wants to expand the business and make a new investment, but he needs capital. This is why he is requesting a loan that will enable him to buy the products he needs for his store. He is certain that he will pay off this debt, and he also trusts that with this loan he will be able to give his family a better quality of life.
View original language description ↓
Don miguel de 45 años de edad vive en casa propia con su esposa y su hijo de 13 años de de edad, él posee una tienda donde vende artículos de primera necesidad, frijoles, leche, huevos, pan, entre otros, tiene 4 años con su negocio y eso le ha regalado experiencia en las ventas que le permite obtener las mejores ganancias, está ubicada en el lugar de su residencia en una localidad muy transitada, es muy reconocido por los vecinos de la zona, se ha hecho de mucha clientela, pues tiene la tienda surtida, él quiere acrecentar el negocio y realizar una nueva inversión pero necesita de capital por eso solicita un crédito que le permita comprar lo necesario para su tienda, asegura que cancelara la deuda y a la vez confía en que le dará a su familia una mejor calidad de vida.

Additional Information

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.

About El Salvador

  • $4,900
    Average annual income
  • 632
    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 $300 helped Miguel Antonio to buy beans, milk, eggs, bread, and other products.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 12, 2013
Listed
Jun 23, 2013
Currency Exchange Loss:
N/A
Ended:
Jul 17, 2014