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Rosario Guadalupe
Rosario Guadalupe, 35, lives with her life partner and three children, ages 13, 7, and 4, in their own house. She and her husband support the family; she sells clothing by catalog. Rosario is active and dedicated to her work and children.

Her modest house is in a rural area, and it needs a gutter system to carry off rainwater. This is urgent because we are in the winter season, and she doesn't want the house to flood. She doesn't have money to pay for materials, so she has applied to FUSAI for a loan to buy cement, gravel, sand, iron, and brick. Rosario Guadalupe is pleased to have funding and promises to make her payments on time.
View original language description ↓
Rosario Guadalupe de treinta y cinco años de edad vive junto a su compañero de vida y sus tres hijos, uno de 13 años, otro de 7 años y uno de 4 años, habitan en casa propia, ella sostiene el hogar con ayuda de su esposo, vende ropa nueva y productos por catalogo; Rosario es una mujer muy activa, dedicada al trabajo y a sus hijos, su vivienda está ubicada en una zona rural, es una casa sencilla, que necesita una canaleta de aguas lluvias, es urgente porque estamos en época de invierno y no quiere que se le inunde la casa, no tiene capital para costear los gastos de materiales por eso le solicita a FUSAI un crédito que le permita comprar cemento, grava, arena, hierro y ladrillo. Rosario Guadalupe está muy alegre con la ayuda y se compromete a cancelar los pagos en el periodo indicado.

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
  • 622
    View loans »
    El Salvador Loans Fundraising
  • $24,271,925
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Rosario Guadalupe to buy cement, gravel, sand, iron, and brick.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 25, 2013
Listed
Sep 27, 2013
Currency Exchange Loss:
N/A
Ended:
Nov 17, 2013