Kiva conducts regular, ongoing monitoring of all Field Partners, but only posts status updates here in response to relevant, major changes at the partner.

Partner Description:

Apoyo Integral (Apoyo) is a regulated organization offering financial products for clients to increase their working capital, purchase fixed assets, buy and remodel homes, expand agricultural businesses and more. Founded in 2002, Apoyo’s target group is businessmen and women who have already established their businesses but need financial support to strengthen or expand them.

The organization focuses mainly on the production, commerce and service sectors. To date, the organization has opened 25 agencies across the country and has a portfolio of $76.3 million. Its services have benefitted more than 100,000 unbanked clients. Kiva’s funds are used to expand Apoyo’s lending services, with a particular emphasis on helping women in rural areas build sustainable businesses and enhance their quality of life.

Apoyo’s client who took a loan to start tortilla business

Partnership and awards

With an aim to improve its financial assistance, Apoyo partners with Salvadoran Foundation for Integral Support (FUSAI) to offer technical advice on construction issues including circulation, ventilation, lighting, and, to a lesser degree, recommendations for optimizing their budgets. The partnership seeks to support the progress and completion of construction work.

Apoyo Integral has been recognized for the transparency of its operations and won the 2005 Transparency Award (Premio a la Transparencia 2005) from MIX Market and REDCAMIF (The Central American and Caribbean Network of Microfinance) at the Third Central American Conference on Microfinance.

In 2006, the organization received the Excellency Award (Premio a la Excelencia 2006) from the Multi-Sector Investment Bank’s Micro and Small Enterprise Development Trust for having achieved the most growth among its peer institutions in 2005.

Image courtesy of Apoyo Integral.

Repayment Performance on Kiva

    This Field Partner All Kiva Partners
  Start Date On Kiva Dec 18, 2007 Oct 12, 2005
Total Loans $7,762,750 $625,070,650
Amount of raised Inactive loans $400 $371,925
Number of raised Inactive loans 1 311
Amount of Paying Back Loans $2,469,450 $121,669,425
Number of Paying Back Loans 4,710 133,038
Amount of Ended Loans $5,292,900 $503,029,300
Number of Ended Loans 8,512 633,907
Delinquency Rate 4.15% 4.76%
Amount in Arrears $68,841 $3,751,762
Outstanding Portfolio $1,660,359 $78,748,351
Number of loanDelinquent 691 17,806
Default Rate 1.16% 1.11%
Amount of Ended Loans Defaulted $61,397 $5,607,499
Amount of Ended Loans $5,292,900 $503,029,300
Number of Ended Loans Defaulted 171 17,326
Currency Exchange Loss Rate 0.00% 0.11%
Amount of Currency Exchange Loss $0 $679,982
Refund Rate 0.39% 0.73%
Amount of Refunded Loans $30,400 $4,592,300
Number of Refunded Loans 40 5,127

Loan Characteristics On Kiva

    This Field Partner All Kiva Partners
  Loans to Women Borrowers 64.57% 74.18%
Average Loan Size $588 $418
Average Individual Loan Size $588 $654
Average Group Loan Size $0 $1,837
Average number of borrowers per group 0 8
Average GDP per capita (PPP) in local country $4,900 $3,409
Average Loan Size / GDP per capita (PPP) 11.99% 12.27%
Average Time to Fund a Loan 11.61 days 5.79 days
Average Dollars Raised Per Day Per Loan $50.61 $72.20
  Average Loan Term 13.78 months 10.52 months

Journaling Performance on Kiva

    This Field Partner All Kiva Partners
  Total Journals 665 313,554
  Journaling Rate 6.86% 42.15%
  Average Number of Comments Per Journal 0.03 0.07
  Average Number of Recommendations Per Journal 0.80 1.77

Borrowing Cost Comparison (based on 2012 data)

    This Field Partner Median for MFI's in Country All Kiva Partners
  Average Cost to Borrower 25% PY 31.00% PY 33.35% PY
  Profitability (return on assets) 0.1% 0.7% -1.49%
  Average Loan Size (% of per capita income) 53.80% 34.00% 38.01%

Country Fast Facts

Field Partner Staff

Felix Acevedo
Angelica Acosta
Roberto Alvarado
erika burgos
Luis Castillo
Tony Castillo
Cristina Cornejo
Reina de Cabrera
Silvia de Melendez
Francisco Gochez
Flor de María Grande Carrero
Luis Gutierrez
Esmeralda Hernandez
William Jacobo
Soraya Leon Ruiz
Yenyk Lopez
francisco mancia
Carlos Eduardo Martinez
Josué Pérez
Karla Alejandra Perez Castaneda
Jose Luis Rivas
René Mauricio Salazar
Emma Trujillo
Imelda Zaldivar