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Luis Alonso
At age 62, Luis works very hard to be able to earn a living. He has managed to set up a small store in his home with great effort, and it’s his main source of income. He has many customers who want his products and he has many primary needs products at good prices in his store. He has managed to build his house, but it needs some improvements, since the roof has deteriorated over time. He has not been able to repair it due to insufficient income, so he is asking for a loan through FUSAI, so he can buy galvanized metal and lumber to install a new roof and be safer.
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A sus 62 años de edad Luis trabaja muy duro para poder ganarse la vida. Con mucho esfuerzo ha logrado adecuar una pequeña tienda en su lugar de residencia la cual es su principal fuente de ingresos. Tiene muchos clientes que demandan sus productos ya que en su tienda se encuentran productos de primera necesidad a muy buenos precios. Con mucho esfuerzo ha logrado construir su vivienda la cual necesita algunas mejoras ya que con el tiempo el techo se encuentra en mal estado. Por falta de ingresos no ha logrado reparar el techo por lo que solicita este crédito a FUSAI para invertir en la compra de lámina galvanizada y madera para poner nuevamente el techo de su vivienda y así poder contar con mayor seguridad.

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
  • 470
    View loans »
    El Salvador Loans Fundraising
  • $31,326,825
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $600 helped Luis Alonso to replace his roof.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Nov 15, 2013
Nov 26, 2013
Currency Exchange Loss:
Mar 26, 2015