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Maria Victoria
Maria is 40 years old and lives in her own house together with her three children aged 17, 15 and 12. Maria works as a waitress in a coffee shop in a local business and this is how she makes a living and sustains her household.

Maria wants to improve the security of her house as at the moment it does not have doors or balconies in the windows. Maria is requesting this loan from FUSAI to invest in buying a door and balconies to protect the few belongings she has and to provide her family with increased safety.
View original language description ↓
María tiene 40 años de edad y habita en casa propia junto a sus tres hijos de 17 años, 15 años y 12 años de edad. María trabaja atendiendo una cafetería en una empresa cercana a su localidad y es así como se gana la vida y lleva el sustento a su hogar. María desea mejorar la seguridad de su vivienda dado que no cuenta con puertas y balcones en las ventanas de su vivienda. María solicita este crédito a FUSAI para invertir en la compra de una puerta y balcones para proteger sus pocas pertenencias y dar mayor seguridad a su familia.

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
  • 696
    View loans »
    El Salvador Loans Fundraising
  • $25,086,975
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Paying Back

This loan has been fully funded!

A loan of $550 helped Maria Victoria to buy a door and balconies for her house.
91% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 7, 2014
Listed
Mar 30, 2014
Currency Exchange Loss:
N/A