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Ana Leticia
Ana Leticia is 33 years old and lives with her partner and two children ages 12 and 7. They live in their own home, she owns a small shop and also sells pupusas at the weekends. Her husband is a transporter. With her work she helps with the household expenses, as it has been very difficult to get ahead, but together they have always managed to drive their small family forward. Ana is a dedicated woman, responsible but above all humble.

Her home is located in an area outside the city, and for some time she has wanted to build a dividing wall in the house. She wants to start the work as soon as possible, since at the moment they only have a wooden divide as a wall, but she doesn't have enough capital to cover the material costs. This is why she is asking FUSAI for a loan that will allow her to buy bricks, cement, sand, iron and gravel. Ana Leticia is very happy with the help and is taking on the responsibility of repaying the loan.
View original language description ↓
Ana Leticia de treinta y tres años de edad vive junto a su compañero de vida y sus dos hijos, uno de 12 años y el otro de 7 años, habitan en casa propia; ella posee una pequeña tienda y además vende pupusas los fines de semana, su esposo es transportista con eso ayuda en los gastos del hogar, les ha sido difícil salir adelante pero unidos siempre han logrado impulsar a su pequeña familia; Ana es una mujer dedicada, responsable pero sobre todo muy humilde, su vivienda está ubicada en una zona fuera de la ciudad, desde hace algún tiempo quiere levantar una pared en la casa para hacer división, quiere empezar con el trabajo lo más pronto posible ya que por el momento solo tienen una madera grande colocada como pared, no posee de suficiente capital para cubrir los gastos de material, por eso le solicita a FUSAI un crédito que le permita comprar ladrillo, cemento, arena, hierro, grava. Ana Leticia está muy contenta con la ayuda y se hace responsable de cancelar.

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.

Tags

About El Salvador

  • $7,500
    Average annual income
  • 784
    View loans »
    El Salvador Loans Fundraising
  • $25,635,150
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Ana Leticia to buy bricks, cement, sand, iron and gravel.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 25, 2013
Listed
Sep 28, 2013
Currency Exchange Loss:
N/A
Ended:
Nov 17, 2013