Update on Rosa ElenaRosa Elena, 54, lives with her life partner and their children in their own home. She makes a living selling flowers that suit her customers' tastes, like daisies, roses, and carnations, among others. They are beautiful, many-colored flowers at affordable prices, but above all, they have an unrivaled aroma.
Her business is located in an area that is quite good for her commercial activities. She is well-known and has made herself a very valuable customer base that allows her to be ahead of the competition.
Rosa is an active woman, is dedicated to her work, and has many dreams that she hopes to make come true. She is ready to achieve success and thinks that only with consistence and a lot of motivation will she be able to attain her dreams. Her business has grown and like any good merchant, she needs to increase the investment. For this she needs sufficient capital, and so she is requesting a loan from INTEGRAL that will allow her to buy flowers and plants wholesale.
Rosa Elena has good payment references and has an impeccable morality. She ensures that she can pay off the debt, and she has faith that she will be able to offer her family a better quality of living, just as they deserve.
Previous Loan DetailsRosa Elena, 53, lives in a town outside of the capital with her husband and their two children, ages 21 and 22. Rosa Elena and her family live on the income from her plant nursery and the support of her elder son. Due to the need to take care of her family and give her children better living cond... More from Rosa Elena'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.
About El Salvador
698View loans »
Success!! The loan was 100% repaid
- Repayment Term
- 23 months (Additional Information)
- Repayment Schedule
- Oct 17, 2012
- Nov 15, 2012
- Currency Exchange Loss:
- Dec 15, 2012
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.