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Guadalupe Del Carmen
Guadalupe del Carmen is 45 years old and lives with her husband and their 4 adult children, who in conjunction with her husband help her support the household financially. She is a committed and hard working woman. Currently, she works in a restaurant at a well known beach in her country. Her husband is a bricklayer and they are in need of repairing a wall in their home since it is very cracked. For this reason, they are seeking a loan from FUSAI to purchase cement and sand, her husband will provide the labor. She hopes to be able to make the repair as soon as possible in order to avoid heavier damage.
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Guadalupe del Carmen de 45 años de edad, vive junto a su familia su esposo y sus 4 hijos mayores de edad que junto a su esposo le ayudan en el aporte económico a su hogar. Es una mujer comprometida y trabajadora; Actualmente trabaja en un comedor de una playa conocida de nuestro país, su compañero de vida es albañil y juntos tienen una necesidad de poder reparar una pared de su hogar ya que se encuentra muy agrietada es por esa razón que solicita a FUSAI un préstamo para la compra de cemento, arena, la mano de obra la pondrá su esposo. Espera pueda lo antes posible realizar dicha reparación para evitar mayores daños.

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
  • 821
    View loans »
    El Salvador Loans Fundraising
  • $25,698,900
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Guadalupe Del Carmen to purchase cement, sand to repair cracks in a wall.
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