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Rigoberta
Rigoberta, 48, has been living in a house she owns for a long time. She lives a simple life together with her husband and five underage children, dependent on her care and economic support.

Rigoberta sells vegetables at the local market and this is how she maintains her family. She currently lacks a proper place to store water which results sometimes in extra work and even spillages of this vital liquid.

She is requesting a loan at FUSAI to buy cement, sand and bricks to build a structure to store and protect the drinking water tanks.
View original language description ↓

Rigoberta de 48 años de edad habita en casa propia desde hace mucho tiempo. Habita en condiciones muy sencillas junto a su esposo y sus 5 hijos quienes son menores de edad y dependen de sus cuidados y economía. Rigoberta se dedica a la venta de verduras en el mercado e de su localidad y de esa forma lleva el sustento a su hogar. Actualmente no cuenta con un lugar adecuado para reguardar el agua lo cual le genera doble trabajo y muchas veces desperdicios del vital líquido. Solicita este crédito a FUSAI para invertir en la compra de cemento, arena y ladrillo para construir una pila grande que le permita facilitar el resguardo del servicio del agua potable.

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

  • $7,500
    Average annual income
  • 787
    View loans »
    El Salvador Loans Fundraising
  • $25,635,150
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $400 helped Rigoberta to buy cement, sand and bricks to build a structure for her drinking water tanks.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 19, 2013
Listed
Nov 26, 2013
Currency Exchange Loss:
N/A
Ended:
Dec 17, 2014