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Morís is 45 years old and lives in his privately-owned house with his wife and four children. He is feisty and responsible and works so that his family does not need for anything. Morís currently makes a living selling Mexican tarts near his home, and near to an industrial area of town. He has been doing this work for some years and has regular customers because of his good prices. Morís wants to make some changes to his home, including building two rooms for his daughter. However, he does not have a large enough income for such an investment and so is applying for a loan in order to buy bricks, cement, sand, iron and to pay the labourers who will do the work. With the new rooms, all the family will be safer and more comfortable.
View original language description ↓
Morís de 45 años de edad vive con su esposa y sus cuatro hijos en casa propia, es un hombre luchador y responsable para que a su familia no le falte lo necesario para la subsistencia. Actualmente trabaja vendiendo tortas mexicanas cerca de su lugar de residencia cerca de una zona industrial desde hace varios años tiene mucha clientela fija pues da a un buen precio las tortas, Morís desea realizar algunos cambios en su vivienda como la construcción de dos cuartos para sus hijas, pero no cuenta con los suficientes ingresos para esta inversión por eso que solicita un crédito para comprar los materiales como ladrillos, cementos, arena, hierro y pagar la mano de obra a las personas que le realizaran el trabajo para que sus hijas tengan su cuarto y todos puedan vivir mas comodos y seguros.

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
  • 499
    View loans »
    El Salvador Loans Fundraising
  • $31,356,700
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
A loan of $1,000 helped Moris to buy bricks, cement, sand, iron and to pay for labourers.
Repayment Term
26 months (Additional Information)
Repayment Schedule
May 28, 2013
Jun 7, 2013
Currency Exchange Loss:
Jul 7, 2013