Apoyo Integral
El Salvador
Last updated November 20, 2012
Partner Description:
Apoyo Integral (Apoyo) is a nonprofit 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.
Status Update - September 11, 2011
With an aim to fully mitigate the risk ratings to our new and enhanced risk rating system, Kiva has conducted a reassessment of the level of risk posed by this institution. During this reassessment, our analysts were able to gather updated operational and financial information about the institution, as well as speak with key members of the staff.
Kiva's new risk rating system has enabled us to display Apoyo Integral's risk rating with a higher level of granularity. As a result, Apoyo Integral's risk rating will now be displayed as 4.5 stars instead of 5 stars. To view the chart, please go here.
Image courtesy of Apoyo Integral.
Partner Description:
Apoyo Integral (Apoyo) is a nonprofit 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.
Status Update - September 11, 2011
With an aim to fully mitigate the risk ratings to our new and enhanced risk rating system, Kiva has conducted a reassessment of the level of risk posed by this institution. During this reassessment, our analysts were able to gather updated operational and financial information about the institution, as well as speak with key members of the staff.
Kiva's new risk rating system has enabled us to display Apoyo Integral's risk rating with a higher level of granularity. As a result, Apoyo Integral's risk rating will now be displayed as 4.5 stars instead of 5 stars. To view the chart, please go here.
Image courtesy of Apoyo Integral.
Repayment Performance on Kiva
Repayment Performance on Kiva| This Field Partner | All Kiva Partners | ||
| Start Date On Kiva | Dec 18, 2007 | Oct 12, 2005 | |
|---|---|---|---|
| Total Loans | $4,178,200 | $426,788,825 | |
| Amount of Raised Inactive Loans | $0 | $242,000 | |
| Number Of Raised Inactive Loans | 0 | 209 | |
| Amount of Paying Back Loans | $1,226,600 | $94,282,375 | |
| Number Of Paying Back Loans | 2,168 | 101,813 | |
| Amount of Ended Loans | $2,951,600 | $332,264,450 | |
| Number Of Ended Loans | 4,093 | 435,702 | |
| Delinquency Rate | 4.85% | 1.91% | |
| Amount In Arrears | $44,409 | $1,156,960 | |
| Outstanding Portfolio | $916,484 | $60,627,255 | |
| Number of Loans Delinquent | 190 | 9,042 | |
| Default Rate | 0.70% | 0.97% | |
| Amount of Ended Loans Defaulted | $20,583 | $3,220,059 | |
| Amount of Ended Loans | $2,951,600 | $332,264,450 | |
| Number Of Ended Loans Defaulted | 49 | 9,823 | |
| Currency Exchange Loss Rate | 0.00% | 0.02% | |
| Amount of Currency Exchange Loss | $0 | $77,435 | |
| Refund Rate | 0.61% | 0.95% | |
| Amount of Refunded Loans | $25,300 | $4,068,925 | |
| Number Of Refunded Loans | 30 | 4,589 |
Loan Characteristics On Kiva
Loan Characteristics On Kiva| This Field Partner | All Kiva Partners | ||
| Loans To Women Entrepreneurs | 66.32% | 74.04% | |
|---|---|---|---|
| Average Loan Size | $668 | $407 | |
| Average Individual Loan Size | $668 | $646 | |
| Average Group Loan Size | $0 | $1,744 | |
| Average Number Of Entrepreneurs Per Group | 0 | 8 | |
| Average GDP Per Capita (PPP) in Local Country | $4,900 | $3,346 | |
| Average Loan Size / GDP Per Capita (PPP) | 13.64% | 12.17% | |
| Average Time To Fund A Loan | 7.37 days | 4.68 days | |
| Average Dollars Raised Per Day Per Loan | $90.61 | $86.97 | |
| Average Loan Term | 14.26 months | 9.61 months |
Journaling Performance on Kiva
Journaling Performance on Kiva| This Field Partner | All Kiva Partners | ||
| Total Journals | 250 | 203,871 | |
|---|---|---|---|
| Journaling Rate | 5.37% | 39.99% | |
| Average Number Of Comments Per Journal | 0.09 | 0.11 | |
| Average Number Of Recommendations Per Journal | 2.14 | 2.72 |
Borrowing Cost Comparison (based on 2011 data)
Borrowing Cost Comparison (based on 2011 data)| This Field Partner | Median for MFI Peers in Country | All Kiva Partners | ||
| Portfolio Yield | 26.30% | 30.10% | 35.13% | |
|---|---|---|---|---|
| Profitability (Return on Assets) | -0.4% | 1% | -0.15% | |
| Average Loan Size (% of Per Capita Income) | 53.80% | 34.60% | 47.07% |
Country Fast Facts
Country Fast Facts- Country:
- El Salvador
- Capital:
- San Salvador
- Official Language:
- Spanish, Nahua
- Population:
- 6,948,073
- Avg Annual Income:
- $4,900
- Labor Force:
- agriculture: 17.1% industry: 17.1% services: 65.8%
- Population Below Poverty Line:
- 35.2%
- Literacy Rate:
- 80.2%
- Infant Mortality Rate (per 1000):
- 22.88 deaths/1,000 live births deaths
- Life Expectancy:
- 71.78 years years
Field Partner Staff
Felix AcevedoLuis Castillo
Tony Castillo
Cristina Cornejo
Reina de Cabrera
Silvia de Melendez
Luis Gutierrez
William Jacobo
Yenyk Lopez
Jeffrey Nelson
Josué Pérez
Karla Alejandra Perez Castaneda
Tenik Tanzania Lopez
Emma Trujillo
Imelda Zaldivar