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Alvaro Alonso
Álvaro is 29 years old and works selling different articles such as lamps, toothbrushes, batteries, shoe polish, etc. As can be seen in the photo, he is a walking street vendor who sells at different markets close to where he lives. He has many customers due to his variety of highly saleable products. With the profits he makes he is able to pay for some of the household expenses. He lives in the house he owns together with his wife and their two children.

Álvaro is applying for a loan so that he will be able to buy more of the previously mentioned merchandise in bulk, since he faces a high demand. In this way he can increase his profits and give his family a better quality of life.
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Álvaro de 29 años de edad se dedica a la venta de diferentes artículos como: lámparas, cepillos dentales, baterías, pasta para zapatos, etc. así como muestra la fotografía, vende de forma ambulante por los diferentes mercados que están cerca de su lugar de residencia, tiene mucha clientela por su variedad de productos ya que también son muy vendibles, con las ganancias que obtiene logra solventar algunos gastos de su hogar, vive en casa propia con su esposa y sus dos hijos, Álvaro esta solicitando un crédito para poder comprar más mercadería antes mencionada por mayor ya que tiene mucha demanda y asi obtener mas ganancias para darle 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.

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About El Salvador

  • $4,900
    Average annual income
  • 442
    View loans »
    El Salvador Loans Fundraising
  • $23,095,900
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Alvaro Alonso to buy lamps, toothbrushes, batteries, shoe polish, etc.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 29, 2013
Listed
Jul 11, 2013
Currency Exchange Loss:
N/A
Ended:
Aug 23, 2014