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Leslie Isabel
Leslie is 20 years old. She lives in her own house with her life partner and her 2-year-old daughter. She is a tough woman who has made a living creating bamboo handicrafts in her home for the past 3 years.

Leslie wishes to build a room on her property. Currently, it is made out of plastic as shown in the photograph. It is for this reason that she is a requesting a loan from FUSAI to buy brick, cement, sand, gravel, and iron and to pay for the laborers necessary to build the room on her property.
View original language description ↓
Leslie de 20 años de edad habita en vivienda propia junto a su compañero de vida y su hija de 2 años de edad. Ella es una mujer tenaz que desde hace 3 años se gana la vida elaborando artesanías de bambú en su vivienda. Leslie desea construir un cuarto en su propiedad ya que actualmente es de plásticos como se observa en la fotografía, es por ello que solicita un crédito a FUSAI para comprar: ladrillo, cemento, arena, grava y hierro, además deberá pagar mano de obra necesaria para construir un cuarto en su propiedad.

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.

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About El Salvador

  • $7,500
    Average annual income
  • 774
    View loans »
    El Salvador Loans Fundraising
  • $25,611,825
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Paying Back

This loan has been fully funded!

A loan of $400 helped Leslie Isabel to buy brick, cement, sand, gravel, and iron and to pay for laborers to build a room on her property.
80% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 21, 2014
Listed
Aug 24, 2014
Currency Exchange Loss:
N/A