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Gabriela
Fifty-two year old Gabriela lives with her four children, her mother and her brother in her own house. She makes her living buying and selling chickens and seasoned chickens. She works in her shop everyday in order to make an honest daily living.

Gabriela is an entrepreneurial and innovative woman, who is always looking for the best for her family. They live in a house in the rural area. For the past few weeks, it has needed some repairs for the sake of comfort. She would like to fix the roof in the bedroom because it leaks a lot during the rainy season. She also wants to cement the patio so that the dirt doesn't turn to mud.

She hopes to begin the work as soon as possible, but due to scarce resources, she cannot cover the cost of the materials. This is why she is applying to FUSAI for a loan that will allow her to buy cement, sand, gravel, galvanized sheets and wood. Gabriela is very happy with the assistance and hopes to make her payments on time.
View original language description ↓
Gabriela de cincuenta y dos años de edad vive junto a sus cuatro hijos, su madre y su hermano en casa propia. Ella se dedica a la compra y venta de pollos y gallinas aliñadas, trabaja todos los días en su venta para ganarse honradamente el sustento diario; Gabriela es una mujer emprendedora y muy audaz siempre está buscando lo mejor para su familia; habitan en una vivienda ubicada en la zona rural, desde hace algunas semanas necesita realizar algunas reparaciones para mayor comodidad, desea arreglar el techo del cuarto, pues se filtra mucho el agua en esta época de lluvia, además quiere encementar el patio para que no se haga lodo por la tierra, espera empezar con el trabajo lo más rápido posible, pero debido a sus bajos recursos no puede costear el gasto de materiales por eso le solicita a FUSAI un crédito que le permita comprar cemento, arena, grava, lamina galvanizada, madera. Gabriela está muy contenta con la ayuda y espera corresponder con 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 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
  • 631
    View loans »
    El Salvador Loans Fundraising
  • $24,061,000
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $700 helped Gabriela to buy cement, sand, gravel, galvanized sheets and wood.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 23, 2013
Listed
Sep 27, 2013
Currency Exchange Loss:
N/A
Ended:
Nov 17, 2013