Marvin wants to invest in agricultural supplies, but needs capital to make these purchases, so he's applying for a loan from INTEGRAL. This loan will allow Marvin to purchase seeds, manure, insecticide, fertilizers, pest controls, tools, and other supplies. Marvin will then make improvements to his land, which appears in this photograph and is very rocky. Marvin has good financial references and is sure that he'll be able to repay the loan on time. He is also confident that he and his mother will achieve the life they deserve.
More information about this loan
This loan is part of Apoyo Integral's program to help subsistence farmers located in high-risk regions of El Salvador, including coastal strips, river banks, and volcano fault lines. The program, which offers reduced interest rates, targets farmers who don't qualify for formal funding due to their low-income and geographical risk. By funding this loan, you are helping Apoyo and a local non-governmental organization extend risk-tolerant credit to even more farmers.
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.
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Success!! The loan was 100% repaid