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Julia Del Carmen
Julia del Carmen is 61 years old and lives with her two children in her own house. She works hard washing and ironing for others so she can obtain income every day. In addition, her children are grown and help her with the household expenses. Julia del Carmen is very dedicated to her work and is honest and above all responsible. Her house is located in a rural area and is a humble house that needs some repairs. She wants to repair her roof since it is in great disrepair and isn't safe for them (water leaks through it). Due to her modest financial circumstances, she doesn't have the money to pay for the materials or the labor.

For this reason, she is asking FUSAI for a loan that will allow her to buy galvanized sheet metal and wood for the beams and also pay to have her roof fixed. Julia del Carmen is very happy for the help and promises to pay back her debt.
View original language description ↓
Julia del Carmen de sesenta y uno años de edad vive junto a sus dos hijos en casa propia. Ella trabaja duro lavando y planchando ajeno para ganarse el sustento día a día, también sus hijos que son mayores de edad le ayudan con los gastos. Julia del Carmen es una mujer entregada a su labor, honrada y sobre todo responsable, su vivienda está ubicada en una zona rural, es una casa humilde que necesita algunas reparaciones, quiere arreglar el techo ya que está muy deteriorado y les da inseguridad, además se filtra el agua, pero debido a su baja condición económica no posee de capital para costear los gastos de material y la mano de obra por eso le solicita FUSAI un crédito que le permita comprar, lámina galvanizada, madera para los polines y el pago de mano de obra. Julia del Carmen está muy feliz con la ayuda y se compromete a cancelar la deuda.

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
  • 726
    View loans »
    El Salvador Loans Fundraising
  • $29,708,900
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Julia Del Carmen buy galvanized sheet metal and wood for roof beams and also pay a roofer.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Sep 30, 2013
Oct 7, 2013
Currency Exchange Loss:
Nov 17, 2013