Update on Reina IsabelReina, 55, is a very responsible woman whose main priority is moving her family forward. She sells tortillas that she makes every noon and evening. Her business is located at home. Reina would very much like to improve her business because it produces very stable profits which make it possible for her to support her family. She lives in her own house with her two children and two grandchildren and this is why she’s asking for a loan by means of which she can buy corn at wholesale and lime powder so that she can make a larger amount of tortillas especially on weekends when demand rises because many tortilla shops close and she can earn higher profits to improve her economic stability.
Previous Loan DetailsReina Isabel, 59, lives with her two daughters who help out with the business, and she also has two grandchildren. Reina has had a tortilla production business for 10 years. She has worked hard for the welfare of her children - she is a very dedicated mother with a great desire to succeed. Re... More from Reina Isabel'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
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