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Rebeca Abigail
Rebeca is 22 years old and lives in her own house with her little one-year-old daughter. Rebeca works selling soft drinks and typical snacks such as: fried cassava, pies, nuegados (fried dumplings) etc. In this way she earns an honest living and supports her household.

Rebeca has decided to apply for this loan from FUSAI to invest in her business by buying necessary supplies such as cassava, bananas, sugar, oil, milk, beans etc. Her business is her main source of income which is why it is very important to be able to inject capital into it in order to increase the products on offer, which will enable her to increase her sales and her income.
View original language description ↓
Rebeca tiene 22 años de edad y habita en casa propia junto a su pequeña hija de un año de edad. Rebeca se dedica a la venta de refrescos y antojitos típicos como: yuca frita, empanadas, nuegados, etc. Es así como se gana la vida honradamente y lleva el sustento a su hogar. Rebeca ha tomado la decisión de solicitar este crédito a FUSAI para invertir en la su negocio en la compra de los insumos necesarios como: yuca, plátanos, azúcar, aceite, leche, frijoles, etc. Su negocio es su principal fuente de ingresos por lo que es muy importante poder inyectarle capital para aumentar la oferta de sus productos que le permitan aumentar sus ventas como sus ingresos.

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

  • $7,500
    Average annual income
  • 728
    View loans »
    El Salvador Loans Fundraising
  • $26,313,525
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Rebeca Abigail to buy cassava, bananas, sugar, oil, milk, beans etc. for her business.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 21, 2014
Listed
Apr 20, 2014
Currency Exchange Loss:
N/A
Ended:
Jan 17, 2015