Kiva conducts regular, ongoing monitoring of all Lending 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 Lending Partner All Kiva Partners
  Start Date On Kiva Jun 3, 2021 Oct 12, 2005
Total Loans $2,661,610 $2,042,136,830
Amount of raised Inactive loans $0 $356,500
Number of raised Inactive loans 0 209
Amount of Paying Back Loans $730,150 $157,764,155
Number of Paying Back Loans 580 189,647
Amount of Ended Loans $1,931,460 $1,843,227,680
Number of Ended Loans 1,665 2,482,067
Delinquency Rate 23.47% 12.57%
Amount in Arrears $81,926 $12,137,711
Outstanding Portfolio $303,825 $96,544,828
Number of Loans Delinquent 316 65,899
Default Rate 0.96% 1.82%
Amount of Ended Loans Defaulted $18,523 $33,582,045
Number of Ended Loans Defaulted 46 88,667
Currency Exchange Loss Rate 0.00% 0.47%
Amount of Currency Exchange Loss $0 $12,608,670
Refund Rate 0.13% 0.54%
Amount of Refunded Loans $3,400 $10,935,995
Number of Refunded Loans 2 9,668

Loan Characteristics On Kiva

    This Lending Partner All Kiva Partners
  Loans to Women Borrowers 68.14% 78.46%
Average Loan Size $370 $393
Average Individual Loan Size $777 $586
Average Group Loan Size $1,251 $1,910
Average number of borrowers per group 3.6 8.3
Average GDP per capita (PPP) in local country $7,500 $5,594
Average Loan Size / GDP per capita (PPP) 4.93% 7.02%
Average Time to Fund a Loan 24.85 days 9.11 days
Average Dollars Raised Per Day Per Loan $14.88 $43.11
  Average Loan Term 10.57 months 11.5 months

Journaling Performance on Kiva

    This Lending Partner All Kiva Partners
  Total Journals 1,192 1,216,330
  Journaling Rate 60.40% 41.89%
  Average Number of Comments Per Journal 0.00 0.02
  Average Number of Recommendations Per Journal 0.00 0.55

Borrowing Cost Comparison (based on 2009 data)

    This Lending Partner Median for MFI's in Country All Kiva Partners
  Average Cost to Borrower N/A 31.00% PY 26.44% PY
  Profitability (return on assets) 3.82% 0.7% -1.32%
  Average Loan Size (% of per capita income) N/A 34.00% 0.00%

Country Fast Facts

Lending Partner Staff

Daniel Alas
Melvin Bran
Erika Burgos
NOE CALZADILLA
CARLOS COCHEZ
GERSON ESCOBAR
DAVID GARCIA
OSCAR GORDIANO
Edith Hernandez
NELSON HERRERA
Enrique Mancia
Maria Matías
CLAUDIA MEJIA
Orlando Mendoza
ROXANA PANAMEÑO
Helen Pineda
Eduardo Ramos
Beatriz Solis
BEJAMIN TORRES
Romario V
JOSE VILLANUEVA