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Claudia Trinidad
Claudia is 28 years old. She lives with her husband and two children in her own home. Claudia is described as a person with an entrepreneurial spirit, because she takes advantage of market opportunities to start businesses. Five years ago, she managed to open a small shop in her home where she sells pupusas [traditional Salvadoran corn tortillas]. She says that this has allowed her to contribute to the household finances, which she and her husband support together.

Claudia says that her children are more important to her than anything, and she works hard day after day to provide for her family and improve their living conditions. Through much effort, she and her husband have built a house, but they have some jobs to finish that they could not afford initially. Claudia is requesting this loan from Kiva and the field partner to buy windows for her house. She says that she currently has the openings covered only with metal grilles, and that they are not very safe. Claudia also plans to connect her home to electric service, which she currently does not have.
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Claudia de 28 años de edad habita en casa propia junto a su grupo familiar el cual está conformado por su compañero de vida y sus dos hijos. Claudia es una mujer emprendedora ya que aprovecha las oportunidades del mercado para poner sus negocios. Desde hace 5 años logró establecer una pequeña pupusería en su lugar de residencia y de esa forma contribuye a la economía del hogar la cual junto con su esposo sostienen. Para ella lo más importante son sus hijos y es por ellos que día a día lucha para llevar el sustento a su hogar y lograr mejorar sus condiciones habitacionales. Con mucho esfuerzo ha logrado construir la vivienda junto a su compañero de vida y necesita terminar de hacer algunos arreglos que no ha logrado cubrir. Solicita un crédito a FUSAI para invertir en la compra de ventanas ya que solo las tiene con balcón (defensas metálicas) y no es muy seguro. Además, desea invertir en la instalación de la luz eléctrica ya que no cuenta con dicho servicio.

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

  • $4,900
    Average annual income
  • 451
    View loans »
    El Salvador Loans Fundraising
  • $22,757,800
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Claudia Trinidad to buy windows for her home and to turn on electric service.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 25, 2013
Listed
Nov 11, 2013
Currency Exchange Loss:
N/A
Ended:
Dec 19, 2013