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Silvia Deysi
Silvia is 33 years old and lives with her life partner and their 5 children. They are ages 16,13,11, and 7 and are currently in school. She is a tenacious woman who in order to make a living without neglecting her children, sells catalog products as a street vendor. Additionally, her life partner contributes to the family finances by providing security services work.

Silvia wishes to build a shed at their home and thus is requesting a loan from FUSAI to buy aluminum sheeting, wood, and nails for the construction of the shed.
View original language description ↓
Silvia de 33 años de edad vive con su compañero de vida y sus 5 hijos de 16, 13, 11, 7 y 5 años de edad los cuales se encuentran estudiando. Ella es una mujer tenaz que buscando la manera de ganarse la vida sin descuidar a sus hijos vende productos por catálogo de manera ambulante, además su compañero de vida aporta a la economía familiar gracias a su trabajo de prestar servicios de seguridad. Silvia desea construir una galera en su vivienda por lo que solicita un crédito a FUSAI para comprar lámina, madera y clavos para la construcción de la galera.

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.

About El Salvador

  • $4,900
    Average annual income
  • 446
    View loans »
    El Salvador Loans Fundraising
  • $22,757,800
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Paying Back

This loan has been fully funded!

A loan of $200 helped Silvia Deysi to buy: aluminium sheeting, wood, and nails in order to build a shed at her home.
53% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 4, 2014
Listed
Jul 28, 2014
Currency Exchange Loss:
N/A