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Nicolas Tolentino
Nicolas is 64 years old and lives in his own house with his 17-year-old son. Nicolas is a hard-working, responsible and visionary man. For the past three years he has been providing transportation services and many people rely on him and seek out his service.

He is asking FUSAI for this loan so he can build a small room which he has been unable to complete due to lack of funds. He will use the money to buy cement, sand, bricks, and iron. He hopes that he can count on this financing so that he will be able to improve his family's living conditions.
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Nicolas tiene 64 años de edad y habita en casa propia junto a su hijo de 17 años de edad. Nicolas es un hombre trabajador, responsable y visionario. Nicolas se dedica a la prestación de servicios de transporte desde hace tres años por lo que muchas personas le tienen confianza y lo buscan por el servicio. Solicita este crédito a FUSAI para invertir en la construcción de un pequeño cuarto el cual por falta de recursos económicos no ha logrado terminar. Con el monto solicitado comprará cemento, arena, ladrillo y hierro. Espera poder contar con este financiamiento y así poder mejorar sus condiciones habitacionales y las de 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.


About El Salvador

  • $7,500
    Average annual income
  • 630
    View loans »
    El Salvador Loans Fundraising
  • $28,084,350
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
A loan of $500 helped Nicolas Tolentino to buy cement, sand, bricks, and iron to build a room.
Repayment Term
14 months (Additional Information)
Repayment Schedule
Mar 20, 2014
Apr 15, 2014
Currency Exchange Loss:
May 15, 2014