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Leonardo is 32 years old and runs a warehouse for a company from Monday through Sunday. He has been working in this area for a number of years and he is able to cover the household expenses with his salary. Leonardo lives in a home of his own with his wife and two children and he wants to make improvements to his home by building a wall in the back . He does not earn enough to buy the materials such as sand, cement, iron bars, bricks, and pay for labor, so he is asking for a loan. In this way he and his family can live in a more secure home.
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Leonardo de 32 años de edad trabaja en una empresa como encargado de una bodega trabaja de lunes a domingo tiene varios años de trabajar en ese lugar, con el pago que recibe de su trabajo logra cubrir los gastos que se le presentan en su hogar, Leonardo vive en casa propia con su esposa y sus dos hijas, desea mejorar su vivienda construyendo una pared en la parte de atrás de su casa pero con lo que gana no le alcanza para comprar los materiales como: arena, cemento, hierro, ladrillos y pago de mano de obra por eso solita un crédito para poder comprar lo antes mencionado y asi puedan vivir mas seguros el y su familia.

Additional Information

More information about this loan

This loan is a special product offered by Apoyo Integral to help impoverished individuals in El Salvador make improvements to their homes, so as to offer safer and healthier living conditions to their families. These are individual loans for which the Field Partner has significantly lowered their guarantee standards because
the borrower is grouped with other Apoyo clients in a solidarity agreementNormally, families at certain income levels are not eligible for housing loans. However, since group members are cross guaranteeing one another, Apoyo Integral has decided to fund these loans. Further, the field partner is working through local community development organizations to not only determine which families are the best candidates for the loans but also to offer technical assistance and education for loan recipients covering topics such as financial education, proper hygiene and sanitation, and efficient use of electricity.

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 Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About El Salvador

  • $7,500
    Average annual income
  • 655
    View loans »
    El Salvador Loans Fundraising
  • $26,126,475
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Paying Back

This loan has been fully funded!

A loan of $600 helped Leonardo to build a wall.
81% repaid
Repayment Term
33 months (Additional Information)
Repayment Schedule
Apr 30, 2013
May 21, 2013
Currency Exchange Loss: