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Gloria Raquel
Gloria is 27 years old and lives in her own home with her husband, her 7-year-old daughter, and her one-year-old son. Gloria has worked in clothing sales for 7 years. This business is very important because she is not able to cover household expenses with her husband's income.

Gloria requests this loan from FUSAI in order to invest in the purchase of a variety of pieces of clothing for the business, like skirts, undergarments, blouses, pants, etc. And in this way she will be able to improve her sales and her income.
View original language description ↓
Gloria tiene 27 años de edad y habita en casa propia junto a su esposo, su hija de 7 años y su hijo de un año de edad. Gloria se dedica a la venta de ropa desde hace 7 años. Este negocio es muy importante dado que con los ingresos del esposo no logra cubrir los gastos del hogar. Gloria solicita este crédito a FUSAI para invertir en la compra de variedad de prendas de vestir como: faldas, ropa interior, blusas, pantalones, etc. para el negocio y así poder mejorar sus ventas y 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
  • 723
    View loans »
    El Salvador Loans Fundraising
  • $27,126,625
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $300 helped Gloria Raquel to buy skirts, undergarments, blouses, pants, etc.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
May 16, 2014
Jun 20, 2014
Currency Exchange Loss:
Mar 26, 2015