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Francis Misael
Francis is a 24-year old man who lives with his life partner and their 4-year old daughter. For 7 years he has been selling cereals, such as corn, rice and beans, which is how he supports his household and gives his family everything it needs.

He would like to improve the walls and floor of his modest house, which is why he is requesting a loan to FUSAI. He plans to buy sand, cement and layers to put cement on the floor and to repair the walls. He has expressed that he has the capacity to repay the loan as scheduled.
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Francis de 24 años de edad, vive junto a su compañera de vida y su pequeña hija de 4 años de edad. Desde hace 7 años se dedica a la venta de cereales tales como maíz, arroz y frijoles. De esta forma lleva el sustento a su hogar y logra dar a su familia lo necesario. Su deseo es mejorar las paredes y el piso de su humilde casa. Por lo anterior solicita este crédito a FUSAI para invertir en compra de arena, cemento y láminas para encementar el piso y reparar las paredes de su vivienda. Expresa tener la capacidad para pagar las cuotas que el crédito implica.

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

  • $7,500
    Average annual income
  • 740
    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 Francis Misael to buy sand, cement and layers to put cement on the floor and to repair the walls of his house.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Oct 16, 2013
Nov 3, 2013
Currency Exchange Loss:
Feb 20, 2015