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Ana Aracely
Ana, who is 24-years old, lives in a house on her property with her husband and their young son. Ana is a hard-working, dedicated and responsible woman. Together with her husband, she sees to her household's finances and they have been able to build a small house, which still needs some improvements. Ana makes her living selling hens and chickens in her community. Thanks to her experience with the business, she has earned the trust of a lot of people who, day by day, request her products more and more. Ana is requesting this loan to invest in the purchase of cement, sand and gravel. She needs to cement the earthen floor of her house and also plaster the walls, which are made of mud and are deteriorating with the rain and sun.
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Ana de 24 años de edad reside en casa de su propiedad junto con su compañero de vida y su pequeño hijo. Ana es una mujer trabajadora, dedicada y responsable. Junto a su compañero de vida mantienen la economía de su hogar y juntos han logrado construir una pequeña casa la cual aún le hacen falta algunas mejoras. Ana se dedica a la venta de gallinas y pollos dentro de su comunidad. Gracias a la experiencia en el negocio se ha logrado ganar la confianza de muchas personas quienes cada día prefieren más sus productos. Solicita este crédito para invertir en la compra de cemento, arena y grava ya que desea encementar el piso de su casa el cual es de tierra y al mismo tiempo repellar las paredes ya que son a base de lodo y se están deteriorando con las lluvias y el sol.

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
  • 598
    View loans »
    El Salvador Loans Fundraising
  • $22,179,925
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Ana Aracely to purchase cement, sand and gravel to cement the floor and plaster the walls.
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:
Nov 20, 2014