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Miguel Angel
Miguel, 47, lives in his own house with his family. He’s had a home-based store for 20 years and has a large clientele because the store is well-stocked with the most needed products like basic grains, brooms, detergent, snacks, soft-drinks, soups, etc. He uses profits earned to cover some of his household expenses. Miguel is asking for a loan to be able to buy more merchandise and better stock his store to continue earning higher profits and to give his family better economic stability.
View original language description ↓
Miguel de 47 años de edad vive en casa propia con su familia, él posee una tienda en su lugar de residencia desde hace 20 años tiene mucha clientela pues tiene la tienda bien surtida con las productos más necesarios como granos básicos, escobas, detergentes, jabón, golosinas, refrescos, sopas, etc. con las ganancias que obtiene cubre algunos gastos de su hogar, miguel esta solicitando un crédito para poder comprar mas mercadería y surtir aun mas su tienda para seguir obteniendo mejores ganancias y darle a su familia una mejor estabilidad económica.

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
  • 600
    View loans »
    El Salvador Loans Fundraising
  • $23,532,725
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $600 helped Miguel Angel to buy stock merchandise for his store.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 22, 2013
Listed
Jul 29, 2013
Currency Exchange Loss:
N/A
Ended:
Jul 17, 2014