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Rosario Del Carmen
Rosario del Carmen is 42 years old and lives with her husband and their three children (who are 11, 8 and 6 years old). She sells traditional snacks such as pastries, empanadas (beans with milk and sugar wrapped in banana), yucca, and French fries. She has done this work for some time and has gained a lot of sales experience which has enabled her to gain loyal customers. She sells everything from her home.

Rosario del Carmen is a care-free person, but she worries about the state of her home. She needs to make some changes to her home so that it is more comfortable and inhabitable. She has arranged to repair the roof because it leaks water in many places and during the rainy season it is unsafe. She does not have the capital to fix it and so she is seeking a loan from FUSAI that will enable her to buy new purlins for the basic structure of the roof (purlins are horizontal beams that provide support for the rafters in roof construction). She also needs galvanized sheets and pins to fasten them.

Rosario del Carmen has great references. She is very responsible and is thankful for the help. She assures us that she will be able to repay the loan with the help of her husband and from the money she makes in her small business.
View original language description ↓
Rosario del Carmen de 42 años de edad vive junto a su compañero de vida y sus tres hijos menores de edad (de 11 de 8 y 6 años respectivamente); ella se dedica a la venta de antojitos típicos, como pasteles, empanadas (frijoles con leche envueltas de plátano molido con azucar), yuca y papas fritas; tiene algún tiempo con el negocio y se ha hecho de mucha experiencia en las ventas lo que le permite obtener buenos clientes, vende desde su hogar, Rosario del Carmen se caracteriza por su amabilidad, pero le preocupa el estado actual de su humilde vivienda, por eso necesita realizar unos cambios en la vivienda que le den más comodidad a los que la habitan; ha dispuesto reparar el techo porque se filtra el agua y con la temporada de lluvia les da un poco de inseguridad. No posee de un capital que la respalde por eso le solicita a FUSAI un crédito que le permita comprar nuevos polines como la estructura principal del techo, la lamina galvanizada y pines para sujetarla. Rosario del Carmen tiene buenas referencias de pago y es muy responsable se siente muy agradecida con la ayuda, asegura que podrá saldar la deuda, con la ayuda de su esposo y la de su pequeño negocio.

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
  • 607
    View loans »
    El Salvador Loans Fundraising
  • $28,040,225
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Rosario Del Carmen to buy and install purlins (which support rafters in a roof), and galvanized sheets and pins.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Aug 25, 2013
Aug 31, 2013
Currency Exchange Loss:
Oct 25, 2013