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Fidel Antonio
Fidel is 45 years old and he lives with his lifetime partner and their daughter in a house of their own. He owns a mill that is located in his house, and he has been engaging in this activity for 10 years. He works Mondays t Sundays and he has many customers, particularly women who go to his house to mill the corn they need to prepare tortillas. Thanks to the income he earns he has succeed in providing for his family, as well as succeeding in keeping his mil running. Fidel wants to make improvements to his house but lacks the money he needs to pay for them, as his income is not enough to cover these expenses as well. For this reason he is requesting a loan to buy the materials he needs to have his house built, separating his mill form his house so that his family can enjoy better living conditions.
View original language description ↓
Don fidel de 45 años de edad tiene un molino en su lugar de residencia tiene 10 años de tener ese negocio, vive con su compañera de vida y su hija en casa propia, trabaja de lunes a domingo y tiene mucha clientela especialmente las señoras que hace tortillas pues ahi llegan a moler el maiz, con las ganacias que obtiene ha sacado adelante a su familia y a podido mantener en pie su negocio del molino, Don fidel quiere mejorar su vivienda pero no tiene capital para poder realizarlo ya que con lo que gana no alcanza para cubrir ese gasto por eso solicita un credito que le permita comprar los materiales que necesita para poder contruir su casa y poder tener a parte su negocio y su vivienda y asi puedan vivir mejor como familia.

Additional Information

More information about this loan

This loan is a special product offered by Apoyo Integral to help impoverished individuals in El Salvador make improvements to their homes, so as to offer safer and healthier living conditions to their families. These are individual loans for which the Field Partner has significantly lowered their guarantee standards because
the borrower is grouped with other Apoyo clients in a solidarity agreementNormally, families at certain income levels are not eligible for housing loans. However, since group members are cross guaranteeing one another, Apoyo Integral has decided to fund these loans. Further, the field partner is working through local community development organizations to not only determine which families are the best candidates for the loans but also to offer technical assistance and education for loan recipients covering topics such as financial education, proper hygiene and sanitation, and efficient use of electricity.

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

  • $7,500
    Average annual income
  • 580
    View loans »
    El Salvador Loans Fundraising
  • $31,854,275
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $700 helped Fidel Antonio to buy construction materials to make improvements to his house.
100% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Mar 19, 2013
Apr 20, 2013
Currency Exchange Loss:
May 18, 2014