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Paula, 57, operates a business selling fruits and vegetables in her town's market. She is lively woman, dynamic and responsible. Her only material asset is her house. She and her son, a construction worker, have been slowly improving the house and her next project is replastering the outside walls. Rain seeps through the walls because the old plaster has worn away with past rains and damaged the bricks that form the walls. Paula is applying to FUSIA for a loan that she will use to buy the materials she needs to repair the cracks and replaster the walls of her house. The investment will ensure that she has a decent place to live.
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Paula tiene 57 años de edad y se dedica al comercio. Su principal fuente de ingresos es la venta de frutas y verduras en el mercado de su comunidad. Es una mujer muy activa, dinámica y responsable. Su único patrimonio es su casa que junto a su hijo quien es albañil van mejorando poco a poco. Desea repellar las paredes de su casa ya que con el tiempo y las lluvias el ladrillo se está deteriorando y la humedad empieza a filtrarse. Solicita este crédito a FUSIA para comprar cemento y arena para hacer el repello que tanto necesita su casa. De esta forma protegerá su casa y a su familia.

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
  • 381
    View loans »
    El Salvador Loans Fundraising
  • $31,248,800
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $300 helped Paula to buy materials for replastering the walls of her house.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Oct 11, 2013
Oct 19, 2013
Currency Exchange Loss:
Nov 17, 2013