Update on Jose HilarioJose is 53 years old and lives in his own house with his wife and son. Jose has a tailoring workshop in his home where he produces different clothing items. He has recently gained many customers because he does excellent work and sells his products at affordable prices. Jose is very dedicated to his work, and is responsible and honest. Jose is applying for this loan as it will allow him to buy material, threads, needless and other items for tailoring, so that he can continue to satisfy his customers needs. He will then have a better quality of life with his family.
Previous Loan DetailsJose is 53 years old and lives with his wife and child in his own home. Jose is a hard-working and responsible man. For many years, he has worked in the production and sale of milk products in the area where he lives. He has a good clientele since he has known how to gain the confidence of his cu... More from Jose Hilario'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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