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Eva Marisol
For 25 years, Eva has been selling sweet bread and French bread. She makes her sales from Monday to Saturday, and with great sacrifice and entrepreneurial spirit, she is getting ahead, along with her family. She lives in her own house, along with her parents, sister, and niece. Given the conditions of her home, she has made the decision to apply to FUSAI for this loan, since the walls of her house are deteriorated and in vulnerable condition. With the loan that she has applied for, she will buy bricks, cement, sand, and gravel and pay for labor to reconstruct the walls of her house.
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Desde hace 25 años Eva se dedica a la comercialización de pan dulce y pan francés, las ventas las realiza de lunes a sábado y con mucho sacrificio y espíritu emprendedor va saliendo adelante junto a su familia. Ella habita en casa propia junto a sus padres, hermana y sobrina. Dadas sus condiciones habitacionales ha tomado la decisión de solicitar este crédito a FUSAI dado que las paredes de la vivienda se encuentran deterioradas y en condiciones vulnerables. Con el crédito solicitado comprará ladrillo, cemento, arena, grava y pagará la mano de obra para la reconstrucción de las paredes de su vivienda.

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
  • 682
    View loans »
    El Salvador Loans Fundraising
  • $25,086,975
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $600 helped Eva Marisol to buy bricks, cement, sand, and gravel and pay for labor to reconstruct the walls of her home.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 19, 2014
Listed
Apr 13, 2014
Currency Exchange Loss:
N/A
Ended:
May 17, 2015