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Iris Ivette
Iris is 28 years old, and lives in her own home with her husband and two children, who are 8 and 4 years old. Iris is the owner of a small business that sells a variety of arts and crafts items, such as decorative pillows, decorative tiles, and small adornments made from foam that she sells from her home and on the street. This business allows her to earn a living and provide her family with a better quality of life.

Iris would like to expand and improve her business in order to improve her income and provide her family with better living conditions. Therefore, she is requesting this loan from FUSAI to invest in the purchase of supplies such as foam, glue, paint, tiles, hole punches, etc. She hopes that she will receive this loan and be able to make this investment.
View original language description ↓
Iris tiene 28 años de edad y habita en casa propia junto a su esposo y sus dos hijos de 8 años y 4 años de edad. Iris es pequeña comerciante quien cuenta con con un negocio con variedad de productos artesanales como: almohadas decoradas, pequeñas tejas decoradas, adornos a base de foamy los cuales comercializa en su hogar de habitación y de forma ambulante. De esta forma se gana el sustento y da a su familia mejores condiciones de vida. Iris desea ampliar y mejorar el negocio dado que desea mejorar sus ingresos y así dar mejores condiciones de vida a su familia. Por lo anterior solicita este crédito a FUSAI para invertir en la compra de insumos como: foamy, pegamento, pintura, tejas, perforadores, etc. Espera poder contar con este crédito y de esta forma hacer la inversión que desea.

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
  • 843
    View loans »
    El Salvador Loans Fundraising
  • $28,256,250
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $300 helped Iris Ivette to buy foam, glue, paint, tiles, hole punches, etc.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
May 16, 2014
Jun 20, 2014
Currency Exchange Loss:
Mar 26, 2015