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María Luz
Maria, 54, is a single mother of a 16 year old girl and a 17 year old boy who are both in school. She works very hard as a farmer, and also sells beauty products from a catalog, so that she can get ahead and give her kids what they need. Due to the fact that she is the only one caring for and sustaining her children, Maria prioritizes food, clothing and her children's education, which has meant that her house has been deteriorating little by little. She wants to repair one of the rooms in her house where her kids sleep, which is why she has asked for a loan to buy tin sheeting, cement, wood pallets, sand, and other construction materials to make the necessary repairs. This will be a great help to her, since thanks to this loan she will be able to give her children a safe and comfortable home.
View original language description ↓
María de 54 años de edad es madre soltera de una niña de 16 y un niño de 17 años de edad quienes se dedican a estudiar, ella trabaja muy duro como agricultora y así mismo comercializa productos de belleza por catálogo, con lo que puede salir adelante brindándoles lo necesario a sus hijos. Debido a que ella sola se dedica a cuidar y sustentar a sus hijos, María da prioridades a la alimentación, vestimenta y estudios de sus hijos, situación por la que su casa se ha ido deteriorando poco a poco. María desea reparar una habitación de su casa en donde duermen sus pequeños, es por esta razón que solicita un préstamo para invertir en la compra de: láminas, cemento, polines, arena y otros materiales de construcción para realizar las reparaciones necesarias a la habitación. Esto será de gran ayuda para ella, puesto que gracias a dicho préstamo les brindará un hogar cómodo y seguro a sus hijos.

Additional Information

More information about this loan

This loan will be administered by FUSAI (Salvadoran Foundation for Comprehensive Development), a Salvadoran NGO that owns Kiva partner Apoyo Integral. FUSAI will disburse this loan in order to reach a population that doesn't currently work with Apoyo Integral. This type of loan covers basic services (like housing and water), and supports small business and agricultural activities. Borrowers come from low-income families in rural and peri-urban communities, and are considered to be too poor or lack the proper guarantees to get credit through traditional banks or microfinance institutions. Before receiving their loans, they are vetted by local community organizations and enrolled in classes in financial literacy, and the importance of sanitation, potable water and clean energy. Additionally, FUSAI enables borrowers to guarantee one another and take out loans smaller than El Salvador's average. Important to note is El Salvador is considered one of the most dangerous countries in the world, holding the 2nd place in the ranking of murders per capita. All these FUSAI borrowers live in areas considered by the police as highly violent and dangerous, mainly because of gangs influence. Main risks they face in these areas are thefts, extortions, kidnappings and murders.

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
  • 745
    View loans »
    El Salvador Loans Fundraising
  • $27,037,475
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped María Luz to buy tin sheeting, cement and sand to repair her home.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jul 27, 2013
Aug 1, 2013
Currency Exchange Loss:
Oct 25, 2013