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Victor Manuel
Víctor Manuel, 42, has been living together with his life partner and his mother in a house of their own for eleven years. He sells spices, curtido [a salad made out of cabbage] and candies in bulk. He has been doing this for a couple of years and even if the business has its ups and downs, he makes a living out of it.

He is a determined, hardworking and responsible man, always looking for opportunities to get ahead. He lives in a humble rural area and has been thinking for some time to finish building a room he left unfinished; it needs a roof, floor and a door.

He is eager to start again but does not have the money, since his financial situation is tough. This is why he decided to request a loan at FUSAI to buy galvanized metal sheets, floor tiles and a door, among other things. Víctor Manuel feels very happy and appreciates the help he is receiving. He hopes to pay the installments on time.
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Víctor Manuel de cuarenta y dos años de edad vive junto a su compañera de vida y su madre en casa propia desde hace once años. El se dedica a la venta de especies, curtido, y dulces por mayor, tiene varios años con el negocio y aunque no es muy regular le ayuda a ganarse el sustento de cada día; es un hombre decidido, trabajador y muy responsable siempre está a la expectativa de oportunidades que le permitan salir adelante, el vive en una zona rural muy humilde y desde hace algún tiempo desea terminar de construir un cuarto que dejó incompleto necesita un techo, piso y puerta, tiene toda la disposición de iniciar de nuevo el trabajo pero no cuenta con el capital suficiente debido a su baja condición económica por eso se decidió a solicitarle a FUSAI un crédito que le permita comprar lamina galvanizada, ladrillo de piso, una puerta entre otros. Víctor Manuel está muy contento y agradeció con la ayuda y espera responder bien con cada pago.

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.


About El Salvador

  • $7,500
    Average annual income
  • 530
    View loans »
    El Salvador Loans Fundraising
  • $31,752,150
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
A loan of $500 helped Victor Manuel to buy galvanized metal sheets, floor tiles and a door to finish a room.
Repayment Term
14 months (Additional Information)
Repayment Schedule
Sep 3, 2013
Sep 6, 2013
Currency Exchange Loss:
Oct 6, 2013