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Alfonso M. and his wife have lived in the Zacatecoluca district of La Paz for 23 years. Although he is 66 years old, he continues to be a very hard worker, and it was only last year that he started his own business. He sells the raw materials needed to make other products out of wood. But although Alfonso has an extensive network of clients who pay cash for his products, he has not been able to make much of a profit because his inventory is so small. It is for this reason that Alfonso is requesting a loan. He would like to increase the range of products he offers and thus, increase his sales. A loan would also help him improve the condition of his store, which is currently infested with insects that are ruining his wood and are obviously a very serious problem for the quality of his service. In these ways, capital would help him improve the profitability of his business and increase his household's income.
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Alfonso M., reside en Zacatecoluca departamento de La Paz, vive junto a su esposa desde ya hace 23 años en el mismo lugar. A sus 66 años de edad, se destaca por ser una persona muy trabajadora, ya que hace un año emprendió un negocio propio, el cuál consiste en vender materia prima para productos elaborados con madera. A pesar que Alfonso cuenta con una extensa red de clientes los cuales compran el producto al contado, no percibe mucha ganancia debido a su poco inventario. Es por ello que el deseo de Alfonso es obtener un préstamo a través del cuál pueda aumentar sus productos y de esta manera incrementar sus ventas, así también desea mejorar las condiciones de su negocio, ya que los insectos deterioran la madera y le es muy necesario contar con el capital para mejorar su servicio. De esta manera el podrá percibir mayores ganancias y mejorar su economía familiar.

Additional Information

About Apoyo Integral

Apoyo 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.

About El Salvador

  • $7,500
    Average annual income
  • 493
    View loans »
    El Salvador Loans Fundraising
  • $31,339,125
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Alfonso to buy wood and improve inventory.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Jan 22, 2009
Feb 23, 2009
Currency Exchange Loss:
Aug 15, 2010