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Hugo Armando
Hugo is 52 years old and lives in his own house together with his longtime life partner. He is a very hard-working man, who with a lot of effort has managed to provide for his family. For the last seven years he has worked as a gardener for a nearby company, which is how he supports his household.

With the aim of improving the family's living conditions he is seeking this loan from FUSAI, to invest in fixing up the floor of their living area, which needs to be filled in so that water does not seep in when it rains. He will use the loan to buy stone, cement, sand and gravel, in order to build a wall and then fill in and compact the ground area so that it will no longer flood.
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Hugo de 52 años de edad vive en casa propia junto a su compañera de vida desde hace mucho tiempo. Hugo es un hombre muy trabajador quien con mucho esfuerzo ha logrado sacar adelante a su familia. Desde hace 7 años trabaja como jardinero en una empresa cercana a su localidad y de esa forma lleva el sustento a su hogar. Con el fin de mejorar sus condiciones habitacionales solicita este crédito a FUSAI para invertir en la reparación del piso ya que necesita un relleno para evitar que el agua se filtre cuando llueve. Con el crédito comprará piedra, cemento, arena y grava para levantar un muro y después rellenará el terreno compactando el piso así evitar que se siga inundando cuando llueve.

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
  • 555
    View loans »
    El Salvador Loans Fundraising
  • $31,742,100
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Hugo Armando to buy stone, cement, sand and gravel to fix the floor of his home.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Nov 4, 2013
Nov 13, 2013
Currency Exchange Loss:
Nov 20, 2014