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Dolores Ezequiel
Dolores Ezequiel is a 39-years-old who lives together in his own house with his 35-years-old wife and their four children who are minors. He works as a private watchman. In addition, he works as a farmer by planting basic grains for consumption. His wife helps him with the housing expenses with her job at an assembly plant.

Dolores knows that it isn't easy getting ahead but wants to keep steady at work. He is always looking for opportunities that can improve his life. His house is located in the outskirts of the city in a rural area. The house is a little small and since he has a big family, he wants to start building a room that would give them additional space and comfort.

He doesn't have the necessary funds for the materials. That is why he's asking for a loan from FUSAI which would allow him to start the initial phase of the room. This will include putting up the walls and setting in the cement on the floor. He will buy brick, cement, iron, sand, and gravel. Dolores Ezqequiel is very happy with the support and expects to pay back the entire loan.
View original language description ↓
Dolores Ezequiel de treinta y nueve años de edad vive junto a su compañera de vida de 35 años y sus cuatro hijos menores de edad en casa propia. El es vigilante privado, además es agricultor siembra granos básicos para el consumo, su esposa le ayuda con los gastos del hogar trabajando en una maquila; Dolores sabe que no es fácil salir adelante, pero se mantiene constante en el trabajo, siempre buscando oportunidades que le den una vida mejor; su vivienda está ubicada en las afueras de la ciudad, en una zona rural, la casa es un poco pequeña y como es una familia grande quiere empezar a construir un cuarto que les de mas espacio y comodidad, no posee los fondos necesarios para los materiales, por eso le solicita a FUSAI un crédito que le permita construir la primera fase del cuarto, levantar paredes, y encementar el piso, comprara ladrillo, cemento, hierro, arena y grava. Dolores Ezequiel está muy feliz con la ayuda y espera corresponder con todos los pagos.

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
  • 714
    View loans »
    El Salvador Loans Fundraising
  • $26,152,225
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Dolores Ezequiel to buy brick, cement, iron, sand, 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