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Margarita, 54, lives in the house she owns with her husband, brother, and two grandchildren. For a long time, she has made her living making and selling tamales, quesadillas, and typical snacks. This business does provide daily sustenance to her family, which is most precious to her. Her main asset is her home that she and her husband have built with hard work. She wants to finish putting doors on the bedroom which they have not been able to buy due to lack of capital. She has applied for this credit with FUSAI to invest in the purchase of four wooden doors and two windows to ensure that bedrooms in her home provide greater security for her family.
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Margarita de 54 años de edad habita en casa de su propiedad junto a su esposo, hermano y dos nietos. Desde hace mucho tiempo se dedica a la elaboración y venta de tamales, quesadillas y antojitos típicos. De este negocio logra llevar el sustento diario a su familia la cual es lo más preciado para ella. Su principal patrimonio es su casa que con mucho esfuerzo junto a su esposo han logrado construir. Desea terminar de poner las puertas de los dormitorios ya que por la falta de capital no han logrado comprar. Solicita este crédito a FUSAI para invertir en la compra de 4 puertas de madera y dos ventanas para asegurar los dormitorios de su vivienda y dar mayor seguridad 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
  • 365
    View loans »
    El Salvador Loans Fundraising
  • $31,244,550
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Margarita to purchase 4 wooden doors and 2 windows to provide more security to the bedrooms in her house.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Oct 29, 2013
Nov 17, 2013
Currency Exchange Loss:
Dec 19, 2013