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Jose German De Jesus
José is 30 years old and lives with his family, made up of his wife and three children, who are aged ten, eight, and seven years old respectively. José lives in a humble house but he has owned it for the last ten years. José is very happy with this as he has something that he will be able to leave to his children, and, for now, he is able to give them a peaceful and decent life. José works as the head of maintenance in one of the capital's schools, while his wife sells artisan products that she herself produces. José wants to put in a sink and to pave the floor of his house. Currently the floor is simply made of earth but, for the health and comfort of his family, José will make every effort to make these improvements to this house. So, for this reason, José in applying for a loan in order to buy cement, sand, gravel and other items. With this work, he is more than sure that his family will be happier as this dream becomes a reality.
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José de 30 años de edad vive junto a su familia conformada por su esposa y sus hijos de 10 años, 8 años y 7 años. Reside en casa humilde pero propia desde hace ya 10 años, se siente muy contento pues es lo que tiene para dejarles a sus hijos y en el presente entregarles una vida tranquila y decente. Trabaja como responsable de mantenimiento en un colegio de la capital y su esposa vende artesanías realizada por ella misma. José desea con tanto esmero construir una pila y también pavimentar el piso de su vivienda actualmente el piso es de tierra y para la salud y comodidad de su familia hará todo el esfuerzo para hacerlo, es por eso que solicita a FUSAI un préstamo para la compra de cemento, arena, grava entre otros, y así está mas que seguro que su familia estará muy contenta con la realización de este sueño.

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.

Tags

About El Salvador

  • $4,900
    Average annual income
  • 453
    View loans »
    El Salvador Loans Fundraising
  • $23,269,000
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $400 helped Jose German De Jesus to buy cement, sand, gravel, and other items.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 14, 2013
Listed
Sep 18, 2013
Currency Exchange Loss:
N/A
Ended:
Nov 17, 2013