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Josué Antonio
Josue is a very responsible father who lives with his life partner and his young daughter. He lives in his home which has been a great blessing for him and he wants to maintain it in the best conditions for his family's comfort. Josue wants to repair his roof because it's been deteriorating because of the acid that the surrounding trees produce. The metal has been rotting little by little. He is asking for a loan through FUSAI so he can buy three dozen sheets of galvanized metal, lumber, and nails to do the work and have a roof in excellent condition.
View original language description ↓
Josué es un joven padre de familia muy responsable quien vive junto a su compañera de vida y su pequeña hija. Él vive en casa propia lo cual es una enorme bendición para él, razón por la que desea mantener su casa en las mejores condiciones para la comodidad de su familia. Josué desea mucho reparar el techo de su vivienda debido a que se ha ido deteriorando por el ácido que los árboles del alrededor producen y la lámina se ha ido pudriendo poco a poco, es por esto que él solicita un préstamo a FUSAI, por medio del cual pueda comprar: tres docenas de láminas galvanizadas, cuartones de madera y clavos para realizar el trabajo y de este modo tener un techo en excelentes condiciones.

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.

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About El Salvador

  • $7,500
    Average annual income
  • 743
    View loans »
    El Salvador Loans Fundraising
  • $25,510,475
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $400 helped Josué Antonio to buy building materials.
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:
Nov 17, 2013