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Maura Dolores
Maura Dolores is an enterprising, responsible and modest woman of 33, who lives in her own home with her daughter, her parents and her two siblings. To earn her living, she sells fruit, toasted sandwiches and soft drinks and, at weekends, she also sells tamales. Her house, which is in a rural area, is not in good condition and the family needs more space. For that reason, she wants to build an extra room which will mean building walls of resistant brick and adding a tin roof. She hopes to do this as soon as possible but, as she does not have the capital necessary to buy the materials, she is applying to FUSAI for a loan to buy cement, sand, breezeblocks, iron, galvanised steel and to pay for the work to be done. Maura Dolores is delighted to receive this help and she guarantees that she will be able to repay her debt.
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Maura Dolores treinta y tres años de edad vive junto a su hija, sus padres y sus dos hermanos en casa propia. Ella para ganarse el sustento diario vende fruta, tostadas y gaseosas además los fines de semana vende tamales, Maura es una mujer emprendedora, responsable y muy humilde, su vivienda está ubicada en una zona rural y se encuentra deteriorada, necesitan más espacio por eso quiere construir un cuarto, levantar paredes de ladrillo resistente, con un techo de lamina, espera poder realizarlo lo más pronto posible pero no posee de capital suficiente que pueda costear los gastos de materiales por eso le solicita a FUSAI un crédito que le permita comprar cemento, arena, ladrillo de bloque, hierro, lamina galvanizada y mano de obra. Maura Dolores está muy contenta con la ayuda y asegura que podrá cancelar la deuda.

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
  • 655
    View loans »
    El Salvador Loans Fundraising
  • $22,073,975
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $400 helped Maura Dolores to buy cement, sand, breezeblocks, iron, galvanised steel and pay for the work to be done.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 20, 2013
Listed
Sep 26, 2013
Currency Exchange Loss:
N/A
Ended:
Nov 17, 2013