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Luis Alfredo
40-year-old Luis lives in his own home with his family, which is made up of his wife, two children, and his father and mother. For seven years he has made a living through running a store in which he offers a variety of staple goods, and thanks to his charisma and good prices, many people increasingly prefer and demand his goods.

His wish is to protect his house from the currents of rainwater that are damaging the land where he lives. This is why he asks FUSAI for a loan to invest in the purchase of cement, brick, iron, and sand in order to build a retaining wall and secure his land against the water currents when it rains.
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Luis de 40 años de edad habita en casa de su propiedad junto a su grupo familiar el cual está constituido por su compañera de vida, dos hijos y su padre y madre. Desde hace 7 años se dedica al negocio de tienda en la cual ofrece variedad de productos de primera necesidad y gracias a su carisma y buenos precios muchas personas lo prefieren y le demandan cada vez más. Su deseo es resguardar su vivienda de las corrientes de aguas lluvias ya que éstas están minando el terreno en donde habitan, por lo que solicita este crédito a FUSAI para invertir en la compra de cemento, ladrillo, hierro y arena para construir un muro de retención y asegurar su terreno de las corrientes de agua cuando llueve.

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
  • 720
    View loans »
    El Salvador Loans Fundraising
  • $27,126,625
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Luis Alfredo to buy cement, brick, iron, and sand in order to build a retaining wall and secure the land against the water currents when it rains.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Nov 15, 2013
Nov 25, 2013
Currency Exchange Loss:
Dec 17, 2014