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Yoselin, who is 31, lives in her own home with her three children: two sons of 2 and 14 and one daughter of 13. She has a shop which is located in a school and works every day to cover her household expenses. Yoselin is a very dedicated to what she does. She is proud to have a very close family and so she strives to give them the best she can. She needs to have an extra room built onto her home as they need more space and this will mean building the walls and putting on a tin roof. She wants to start the work as soon as possible because that will make things more comfortable for those who live there. Unfortunately, however, she does not have enough capital to cover the cost of the materials and that is why she is applying to FUSAI for a loan to buy galvanised steel, cement, sand, bricks, poles and to pay the workmen. Yoselin is very happy to receive this help and guarantees that she will repay her debt.
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Yoselin de treinta y uno años de edad vive junto a sus tres hijos uno de 2 años, uno de 14 y una niña de 13 años en casa propia. Ella vende en un chalet ubicado en un centro educativo, trabaja todos los días para lograr completar los gastos del hogar; Yoselin es una mujer muy entregada a lo que hace, se siente orgullosa de tener una familia muy unida por eso trata de darles lo mejor, su vivienda necesita de la construcción de un cuarto ya que necesitan más espacio, se levantarán las paredes y se le pondrá techo de lamina; quiere iniciar el trabajo lo más pronto posible porque eso le dará más comodidad a los miembros de la casa, pero no posee de capital suficiente que respalde para cubrir los gastos de materiales por eso le solicita a FUSAI un crédito que le permita comprar lamina galvanizada, cemento, arena, ladrillos, polines y también el pago de la mano de obra. Yoselin está muy contenta con ayuda y se compromete a cancelar los pagos establecidos.

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 El Salvador

  • $7,500
    Average annual income
  • 792
    View loans »
    El Salvador Loans Fundraising
  • $25,672,000
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $400 helped Yoselin galvanised steel, cement, sand, bricks and poles.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Sep 20, 2013
Sep 26, 2013
Currency Exchange Loss:
Nov 17, 2013