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Carlos Adalberto
Carlos is 26 years old and lives in a house he owns with his small, eighteen-month-old daughter. Carlos has made a living from retail sales for a long time, as he is the primary earner in his household. Carlos repairs, buys and sells phones, and in this way he makes a living and supports his household.

Carlos has made the decision to ask for this loan from FUSAI to invest in buying replacement parts and accessories for cell phones with the objective of improving his earnings, thus giving his daughter better living conditions.
View original language description ↓

Carlos de 26 años de edad habita en casa propia junto a su pequeña hija de un año y medio. Carlos se dedica al comercio desde hace mucho tiempo. Siendo él la cabeza de la economía del hogar. Carlos repara, compra y vende teléfonos de esta forma se gana la vida y es como lleva la economía a su hogar. Carlos, ha tomado la decisión de solicitar este crédito a FUSAI para invertir en la compra de repuestos y accesorios para teléfono celular con el fin de mejorar sus ganancias y así dar a su hija mejores condiciones de vida.

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 El Salvador

  • $4,900
    Average annual income
  • 479
    View loans »
    El Salvador Loans Fundraising
  • $23,095,900
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $300 helped Carlos Adalberto to buy replacement parts and accessories for cell phones.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 20, 2013
Listed
Nov 30, 2013
Currency Exchange Loss:
N/A
Ended:
Sep 19, 2014