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Jose Luis
José is 37 years old and lives in his own home with his wife, his 5-year old daughter, and his 9-year old son. José earns a living by selling french bread as a street vendor, and this business allows him to support his household. He has been selling bread in the street for 10 years and thanks to this, he has a lot of experience and many customers who request more and more bread from him. José wants to improve his business, and is therefore requesting this loan from FUSAI to invest in the purchase of a new bicycle in order to get to the areas where he sells french bread. He hopes that he will receive this loan and be able to make the investment as soon as possible.
View original language description ↓
José tiene 37 años de edad y habita en casa propia junto a su esposa y su hija de 5 años de edad y su hijo de 9 años de edad. José se se dedica a la venta de pan francés de forma ambulante y este negocio es lo que le permite llevar el sustento a su hogar. Tiene 10 años de recorrer las calles vendiendo pan y gracias a esto ya cuenta con mucha experiencia y con muchos clientes que cada día demandan más el pan que distribuye. Con el deseo de mejorar su negocio solicita este crédito a FUSAI para invertir en la compra de una nueva bicicleta para recorrer las zonas ofreciendo el pan francés. Espera poder contar con este crédito y hacer la inversión lo antes posible.

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
  • 721
    View loans »
    El Salvador Loans Fundraising
  • $26,296,575
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $300 helped Jose Luis to buy a bicycle for his business.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
May 16, 2014
Jun 21, 2014
Currency Exchange Loss:
Mar 26, 2015