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Jose Santos
Jose, 55, lives in a house owned by his family group which consists of his wife and children. For 15 years, he has made his living making and selling fireworks. This business is his family's main source of income. With his responsibility and charisma, he has many customers and everyday he gains more. His desire is to expand and repair the kitchen area of his house because it is small and the laminate is deteriorated. Therefore, he came to FUSAI to request this loan to buy laminate, wood, cement, and paint to start to repair his kitchen as soon as possible.
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José de 55 años de edad habita en casa de su propiedad junto a su grupo familiar el cual está conformado por su esposa y sus hijos. Desde hace 15 años se dedica a la elaboración y venta de fuegos artificiales. Este negocio es su principal fuente de ingresos y gracias a su responsabilidad y carisma tiene muchos clientes quienes cada día lo prefieren más. Su deseo es ampliar y reparar el cuarto de la cocina ya que es pequeña y la lámina se encuentra deteriorada. Por lo anterior solicita este crédito a FUSAI para comprar lámina, madera, cemento y pintura y comenzar lo antes posible a reparar su cocina.

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
  • 718
    View loans »
    El Salvador Loans Fundraising
  • $29,637,125
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Jose Santos to purchase laminate, wood, cement, and pain to repair his kitchen.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Oct 29, 2013
Nov 17, 2013
Currency Exchange Loss:
Nov 20, 2014