He is an entrepreneur dedicated to his work, struggling every day to carve out a better future with new horizons and far away from the social violence which victimizes the town he lives in. He works to fullest capacity every day because he is happy in his job and does not want to disappoint the family. Lately he has noticed an increase in demand because more and more people are in need of this technology; but in order to maintain the good service level, he needs to make a new investment. Therefore he is requesting a loan to buy printers, desks, keyboards and monitors to renovate the business.
This young man has a good credit record and is very responsible. He is very motivated by this opportunity and is committed to paying back the loan on time, while hoping to be able to provide his small household with economic security.
More information about this loan
This loan is part of a pilot project Apoyo Integral is launching in conjunction with several local NGOs to support at-risk youth and their families with funding from Kiva. This loan product is tailored to young people who find themselves in a vulnerable situation due to the lack of access to eduation and a decent job. Moreover they are in high-risk situations because they are located in areas affected by extreme violence. Loans are combined with vocational, technical, and financial training to help these young people develop business ideas that will help them generate income, reintegrate into society, and support their dreams of being productive and contributing members of society.
Due to potential safety risks facing these youth, some of the loans are being disbursed to their parents in order to protect their identities. For the same reason, the faces of some Apoyo Integral borrowers may be blurred in photos. Apoyo Integral appreciates Kiva lenders' understanding of these challenges and encourages them to provide much-needed support to at-risk Salvadoran youth.
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