Update on Josue DavidJosue lives in his own house with his wife and two daughters. He has a milling business and processes all kinds of foods such as corn, beans, flours, sauces, etc. He has been in business for some time and has ample experience that helps generate a good profit. He is very well-known by the local people and has many customers who prefer his quality, low prices and unequaled customer service. He is an enterprising man who is dedicated to his work and determined to fight for his dreams.
He works very hard every day so as not to disappoint his family. He is satisfied and very comfortable in his business, and lately there has been an increase in demand for his service. Since the two grain mills he has are not enough to keep up with production he is requesting a loan through INTEGRAL to buy a new mill. He has good credit references and is responsible. He is committed to paying back the loan on time and trusts he can provide his family with economy and emotional security.
Previous Loan DetailsDon Josue lives in his own home with his wife and two daughters. He operates a grain mill at his house. Josue works Monday through Sunday. The women who make tortillas bring him corn to grind. With the profit he earns, he is able to cover the household expenses. Don Josue is requesting ... More from Josue David's previous loan »
About Apoyo IntegralApoyo 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.
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About El Salvador
814View loans »
Success!! The loan was 100% repaid
- Repayment Term
- 26 months (Additional Information)
- Repayment Schedule
- Oct 18, 2013
- Nov 7, 2013
- Currency Exchange Loss:
- Nov 20, 2014
Photo from previous loan
Kiva allows our Field Partners to re-use the same photo for individual borrowers that have been posted on Kiva's website once before in a 24 month period, and we allow them to re-use group photos for up to 24 months, provided that 80% of the current group's membership is represented.
Taking, collecting, and uploading photos of borrowers is one of the most challenging elements of using Kiva for our Field Partners. In order to make Kiva easier for Field Partners to use, we have allowed them to post successive and concurrent loans without taking a new photo of the borrower if the criteria above are met.