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Maximino is 60-years-old and lives together with his wife, kids, and grandchildren in the same house. He works as a general contractor for about 8 months of the year. In addition, his daughter helps him with the housing expenses. Maximino is a man who is very business-minded and responsible. His home is located in a rural area and is very simple and a quite small.

For some time, he has wanted to build a retaining wall for greater safety but because of his economic situation he hasn't had the sufficient funds. He wants to carry out the work as soon as possible but he needs capital to purchase the materials. That's why he has asked for a loan from FUSAI which would allow him to buy brick, cement, sand, gravel, and iron. He will save on using labor. Maximino is very happy with the support and agrees to pay off his loan within the set period.
View original language description ↓
Maximino de sesenta años de edad vive junto a su compañera de vida, sus hijos y sus nietos en casa propia, el es maestro de obra trabaja en promedio 8 meses al año, además su hija le ayuda con los gastos del hogar; Maximino es un hombre muy emprendedor y responsable; su vivienda está ubicada en una zona rural, es muy humilde y algo pequeña, desde hace algún tiempo el quiere construir un muro de retención para mayor seguridad, pero debido a su situación económica no ha contado con los recursos suficientes, desea realizar el trabajo lo más pronto posible pero necesita capital para la compra de materiales, por eso solicita a FUSAI un crédito que le permita comprar ladrillo, cemento, arena, grava y hierro, se ahorrara la mano de obra. Maximino está muy contento con la ayuda y se compromete a cancelar en el periodo establecido.

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 El Salvador

  • $7,500
    Average annual income
  • 549
    View loans »
    El Salvador Loans Fundraising
  • $31,835,275
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Maximino to buy brick, cement, sand, gravel, and iron.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Sep 25, 2013
Sep 28, 2013
Currency Exchange Loss:
Nov 17, 2013