All his life has worked buying and selling cattle, and this is how he supports his family.
In order to provide safer housing his family, he is requesting a loan from FUSAI to build a partition wall for a bedroom in his home. He will use the loan to buy bricks, cement, gravel, sand, and iron.
He hopes to receive this aid, and thus be able to provide his family with better living conditions.
William de 32 años de edad es un hombre muy trabajador y dedicado a su familia. Habita junto a su compañera de vida y su hijo de 12 años de edad. Toda su vida ha trabajado en la compra y venta de ganado y así es como lleva el sustento diario a su casa. Con el fin de dar mayor seguridad habitacional a su familia solicita este crédito a FUSAI para invertir en la construcción de una pared para hacer una división de un dormitorio en su vivienda. Con el crédito comprará ladrillo, cemento, grava, arena y hierro. Espera poder contar con dicha ayuda y así dar a su familia mejores condiciones de vida.
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 IntegralApoyo 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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