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Claudia Maria
Claudia is 31 years old and lives a simple life with her life’s partner and two daughters, ages 5 and 3. Family is everything for her and she works daily to provide them with the best. Claudia has been making and selling pizza for a long time. This business is her main source of income and is how she and her partner maintain their household finances. She is asking for a loan through FUSAI so she can build a perimeter fence and buy materials such as chain link fencing, cement posts, sand, gravel, and bricks. She hopes to get this loan.
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Claudia de 31 años de edad habita en condiciones muy sencillas a lado de su compañero de vida y sus dos hijas de 5 y 3 años de edad. Para ella su familia lo es todo y se esfuerza por darles lo mejor cada día. Claudia se dedica a la elaboración y venta de pizza desde hace mucho tiempo. Este negocio es su principal fuente de ingresos y junto a su compañero de vida mantienen la economía del hogar. Solicita este crédito a FUSAI para invertir en la construcción de un cerco perimetral para lo cual necesita materiales como: tela metálica, postes de cemento, arena, graba, hierro, y ladrillo. Espera poder contar con el apoyo del préstamo.

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
  • 469
    View loans »
    El Salvador Loans Fundraising
  • $23,135,250
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Claudia Maria to buy building materials.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 8, 2013
Listed
Nov 22, 2013
Currency Exchange Loss:
N/A
Ended:
Feb 20, 2015