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Lucia, 62, lives with her common-law husband and their two children, ages 22 and 15. She makes and sells dairy products, both wholesale and retail. She has been in business for seven years and, thanks to the quality products she sells and the charm with which she attends to the customers, she has been able to gain the trust of many people who prefer dealing with her more and more each day.

Lucia wants to invest in her business so she can meet more demand and improve her earnings. Therefore, she is requesting a loan through FUSAI to buy the ingredients she needs such as milk and salt to make cheese to sell. She is sure she can pay back the loan with the income from the business.
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Lucia de 62 años de edad reside junto a su compañero de vida y sus dos hijos de 22 y 15 años de edad. Ella se dedica a la elaboración y venta de lácteos al por mayor y menudeo. Tiene 7 años de experiencia con el negocio y gracias a los buenos productos que ofrece y al carisma con el que trata a sus clientes ha logrado ganarse la confianza de muchas personas que cada día la prefieren más. Desea invertir en su negocio ya que quiere satisfacer una mayor demanda con el fin de mejorar sus ganancias. Por lo anterior solicita este crédito a FUSAI para invertir en la compra de los insumos necesarios como: leche y sal para preparar el queso y ponerlo a la venta. Tiene plena seguridad que con los ingresos de su negocio logrará pagar la deuda del crédito.

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 El Salvador

  • $7,500
    Average annual income
  • 521
    View loans »
    El Salvador Loans Fundraising
  • $31,744,950
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Lucia to buy milk and salt to make cheese.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Dec 3, 2013
Dec 11, 2013
Currency Exchange Loss:
Oct 19, 2014