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Reina Isabel

Update on Reina Isabel

Reina, 55, is a very responsible woman whose main priority is moving her family forward. She sells tortillas that she makes every noon and evening. Her business is located at home. Reina would very much like to improve her business because it produces very stable profits which make it possible for her to support her family. She lives in her own house with her two children and two grandchildren and this is why she’s asking for a loan by means of which she can buy corn at wholesale and lime powder so that she can make a larger amount of tortillas especially on weekends when demand rises because many tortilla shops close and she can earn higher profits to improve her economic stability.
View original language description ↓
Reina de 55 años de edad es una mujer muy responsable y quien tiene como prioridad principal sacar adelante a su familia. Ella posee una venta de tortillas, en la cual se encarga de elaborar cada mediodía y cada noche. Su negocio está ubicado en su casa de habitación. Reina desea mucho poder mejorar su negocio, ya que este brinda ganancias muy estables, lo cual le permite sostener a su familia, vive en casa propia con sus dos hijos y dos nietos, es por esto que solicita un préstamo por medio del cual pueda comprar maíz por mayor y cal, esto para elaborar mayor cantidad de tortillas, sobre todo los fines de semana que su demanda se incrementa debido a que muchas otras tortillerías están cerradas y así ella pueda obtener mayores ganancias las cuales le permitan mejorar su estabilidad económica.

Previous Loan Details

Reina Isabel, 59, lives with her two daughters who help out with the business, and she also has two grandchildren. Reina has had a tortilla production business for 10 years. She has worked hard for the welfare of her children - she is a very dedicated mother with a great desire to succeed. Re... More from Reina Isabel's previous loan »

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.

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
  • 413
    View loans »
    El Salvador Loans Fundraising
  • $22,783,600
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Reina Isabel to buy corn at wholesale and lime powder.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 24, 2013
Listed
Jul 11, 2013
Currency Exchange Loss:
N/A
Ended:
Jul 17, 2014