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Maria Digna
Digna, 47 years of age, lives with her three children who are 12, 19, and 25 years of age. A 4-year old grandson also lives with them.

She is an enterprising woman who has made her living selling beauty products from different catalogs for 3 years. Her daughter also helps with family expenses.

Digna wishes to build a bathroom, since they don't currently have one. She also needs to cement the patio and to replace the roof of her house. This is why she is applying to FUSAI for a loan in order to buy metal sheets, cement, sand, gravel, stones, and beams so that she can make these improvements to her home.
View original language description ↓
Digna de 47 años de edad vive con sus tres hijos de 12, 19 y 25 años de edad, además vive con ellos un nieto de 4 años de edad. Ella es una mujer emprendedora que se gana la vida vendiendo productos de belleza de diferentes catálogos desde hace 3 años, su hija también aporta a la economía familiar. Digna desea construir un baño ya que actualmente no cuentan con uno, además necesita encementar el patio y cambiar el techo de su vivienda para lo que solicita un crédito a FUSAI para comprar lámina, cemento, arena, grava, piedra y polines para poder llevar a cabo estas mejoras en su vivienda.

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.

Tags

About El Salvador

  • $4,900
    Average annual income
  • 665
    View loans »
    El Salvador Loans Fundraising
  • $22,070,725
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Paying Back

This loan has been fully funded!

A loan of $500 helped Maria Digna to buy metal sheets, cement, sand, gravel, stones, and beams to build a bathroom, replace the roof, and cement the patio floor of her house.
53% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 30, 2014
Listed
Jul 25, 2014
Currency Exchange Loss:
N/A