Kiva conducts regular,ongoing monitoring of all Field Partners, but only posts status updates here in response to relevant, major changes at the partner.

Partner description:

Fundación Salvadoreña de Apoyo Integral (FUSAI), founded in 1993, is a non-profit foundation focused on serving base of the pyramid business owners. They do this in 3 ways:

  1. Grant-based program administration. This work is focused on areas such as business education and digital inclusion.
  2. Microfinance sector advocacy work. For example, they work with the banking regulator to establish rules for the microfinance industry.
  3. Lending Program. Known as the Programa Solidario Comunitario (PSC), this program provides loans to small business owners.

A unique lending approach:

FUSAI is able to work in areas inaccessible to other financial service providers. In these inaccessible areas, or "conflict zones", organized crime is active and extorts the communities. FUSAI uses a Community Volunteer program to gain the trust of a community and build a presence in that community. Community leaders are recruited, vetted, trained, and then presented to the community during a graduation ceremony. These leaders promote FUSAI's loan products and pre-qualify loan applicants. Final loan approval rests with FUSAI. 


Repayment Performance on Kiva

    This Field Partner All Kiva Partners
  Start Date On Kiva Jun 3, 2021 Oct 12, 2005
Total Loans $5,650 $1,538,902,270
Amount of raised Inactive loans $0 $404,000
Number of raised Inactive loans 0 167
Amount of Paying Back Loans $5,650 $164,469,670
Number of Paying Back Loans 5 202,808
Amount of Ended Loans $0 $1,374,028,600
Number of Ended Loans 0 1,807,818
Delinquency Rate 0.00% 18.16%
Amount in Arrears $0 $19,086,649
Outstanding Portfolio $0 $105,080,606
Number of Loans Delinquent 0 85,447
Default Rate 0.00% 1.72%
Amount of Ended Loans Defaulted $0 $23,639,993
Number of Ended Loans Defaulted 0 58,923
Currency Exchange Loss Rate 0.00% 0.40%
Amount of Currency Exchange Loss $0 $6,506,260
Refund Rate 0.00% 0.61%
Amount of Refunded Loans $0 $9,385,675
Number of Refunded Loans 0 8,723

Loan Characteristics On Kiva

    This Field Partner All Kiva Partners
  Loans to Women Borrowers 80.00% 77.16%
Average Loan Size $706 $391
Average Individual Loan Size $888 $604
Average Group Loan Size $2,100 $1,776
Average number of borrowers per group 4 7.9
Average GDP per capita (PPP) in local country $7,500 $5,693
Average Loan Size / GDP per capita (PPP) 9.42% 6.87%
Average Time to Fund a Loan 3.07 days 7.91 days
Average Dollars Raised Per Day Per Loan $229.71 $49.44
  Average Loan Term 13.2 months 11.35 months

Journaling Performance on Kiva

    This Field Partner All Kiva Partners
  Total Journals 0 947,072
  Journaling Rate 0.00% 42.82%
  Average Number of Comments Per Journal 0.00 0.03
  Average Number of Recommendations Per Journal 0.00 0.69

Borrowing Cost Comparison (based on 2009 data)

    This Field Partner Median for MFI's in Country All Kiva Partners
  Average Cost to Borrower N/A 31.00% PY 27.05% PY
  Profitability (return on assets) 3.9% 0.7% -0.69%
  Average Loan Size (% of per capita income) N/A 34.00% 11.51%

Country Fast Facts

Field Partner Staff

Mauricio Ardón
Edith Hernandez
Beatriz Solis