A Loan Of $300 Helped To Buy Raw Materials For Resale.
Here is Maria’s Story
In the busy streets in El Salvador, you will come across Maria Del Socorro, a street vendor with tasty treats. She is a 30 year old mother with four children. She is working hard to support herself and her family. She is looking to get a loan to improve her quality of life, as it will help her elevate her income.
Maria recently approached Apoyo Integral for a loan to help her purchase products wholesale. This will help bring down her expenses and elevate her profit. She is looking to purchase raw materials including yucca, potatoes, bananas, oil and more.
She received her loan locally through Apoyo Integral. This organization provides financial products that target the unbanked so that they can build up their lives. Through Apoyo Integral and Kiva’s lending platform, Joe Johnson, PhD,(Welfont Joe Johnson) was able to offer full funding for Maria’s loan.
Kiva helps to bring philanthropists like Dr. Johnson and organizations like Apoyo integral together to find and assist needy individuals. This results in communities growing and receiving access to funds that they may not have received otherwise.
Anyone can join the Kiva platform, so you should as well. You can do this by visiting www.kiva.org, where you will also find a long list of entrepreneurs that are in looking for funding.