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Walter Alexander
Walter is a 23 year old young man who is very responsible and hard-working. He has been working as a bricklayer for the past 8 years. He learned this trade as he couldn't continue his studies due to a lack of resources. This work allows him to contribute to the family's economy.

Walter lives in a house that is his own but is very modest. He wants to replace the roof as it has deteriorated from the rain and the passing of time. Walter is requesting this loan from FUSAI to invest in buying galvanized sheeting and wood to replace the roof as soon as possible. He is fully confident that with the work he does as a bricklayer he will be able to pay off the loan.
View original language description ↓

Walter de 23 años de edad es un joven muy trabajador y responsable. Él se dedica a la albañilería desde hace 8 años. Aprendió este oficio ya que por falta de recursos económicos no pudo continuar estudiando. Este oficio es el que le permite colaborar con la economía de su familia. Walter habita en casa muy humilde pero propia la cual desea hacerle cambio de techo ya que con el tiempo y las lluvias se ha deteriorado. Solicita este crédito a FUSAI para invertir en la compra de lámina galvanizada y madera para hacer el cambio de techo lo antes posible. Tiene plena confianza que con los ingresos que percibe de los trabajos que realiza de albañilería logrará cancelar el crédito.

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
  • 789
    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 $400 helped Walter Alexander to buy galvanized sheeting and wood to replace the roof of his house.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Oct 21, 2013
Nov 3, 2013
Currency Exchange Loss:
Dec 19, 2013