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Cristian David
Cristian, 18, is a young man with high goals and the determination to improve his situation. He lives with his parents in a modest house which belongs to them. He is very attentive and always helps his parents. His mother has a tortilla business and his father works as a crop farmer. Cristian works for the national telephone company installing TV cables and landlines. Every morning he gets up to go off to work enthusiastically because he wants to provide for his parents so they are not lacking in the future.

Crisitian wants to build a new sink so his parents can collect greater amounts of water since the one they have is small and in bad condition. He is requesting a loan through FUSAI to cover this need. He hopes to build it and continue supporting his parents.
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Cristian de 18 años de edad, un joven con deseos de superación, siempre con visiones altas para sobre salir en la vida, vive junto a sus padres en casa humilde pero propia. Es muy atento siempre le ayuda a sus padres su madre que tiene una tortillería y su padre trabaja en una milpa como agricultor. Además Cristian posee un trabajo en una telefonía del país instalando cables de televisión y línea fija. Cada mañana se levanta con esa ilusión de trabajar duro para que a sus padres no les haga falta nada el día de mañana. Cristian desea construir una pila nueva para recolectar agua suficiente para sus padres, ya que la que posee es pequeña y se encuentra en mal estado es por eso que solicitó a FUSAI un préstamo para cubrir esta necesidad, espera construirla y más adelante seguir apoyando a sus progenitores.

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

  • $4,900
    Average annual income
  • 652
    View loans »
    El Salvador Loans Fundraising
  • $22,066,125
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Cristian David to buy a new sink.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 23, 2013
Listed
Aug 31, 2013
Currency Exchange Loss:
N/A
Ended:
Oct 25, 2013