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Maria Del Transito
María’s a hardworking woman who started selling cereals like corn, rice, beans, etc. when still very young. She and her life partner work hard together to move their children forward since for them the most important thing is that they attend school to have access to better living conditions.

María, 37, lives in a house that, though humble, is hers. She wants to build a wall inside to divide a room which currently shares common space. She’s asking FUSAI for this loan to buy cement, sand, bricks and iron. She hopes to get this support to be able to provide better living conditions for her family.
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María es una mujer trabajadora que desde muy joven empezó su negocio de venta de cereales tales como maíz, arroz, frijoles, etc. Junto a su compañero de vida van sacando adelante a sus hijos ya que para ellos lo más importante es que sus hijos estudien y puedan acceder a mejores condiciones de vida. María tiene 37 años de edad y habita en casa humilde pero propia. Desea construir una pared dentro de su vivienda para hacer la división de un cuarto ya que en la actualidad solo tiene un área común. Solicita este crédito a FUSAI para invertir en la compra de cemento, arena, ladrillo y hierro. Espera poder contar con dicho apoyo y poder brindar mejores condiciones habitacionales a su familia.

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

  • $4,900
    Average annual income
  • 661
    View loans »
    El Salvador Loans Fundraising
  • $22,073,975
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Paying Back

This loan has been fully funded!

A loan of $700 helped Maria Del Transito to buy supplies to build a wall.
88% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 16, 2013
Listed
Nov 1, 2013
Currency Exchange Loss:
N/A