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Elva Luz
Elva is 37 years old. She lives in her own home with her life partner and her children, aged 14 and 9. She is an unassuming and hardworking entrepreneur. For two years, Elva has been providing housekeeping services, which has enabled her to support the household expenses. She wants to improve the condition of her home, and so she is requesting a loan from FUSAI to repair her roof, plaster the walls, and put a cement floor in her home. With the sum she has requested, she will buy cement, sand, beams, and gravel.
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Elva tiene 37 años de edad y habita en casa propia junto a su compañero de vida, su hijo de 14 años y su hija de 9 años de edad. Elva es una mujer emprendedora, sencilla y trabajadora. Desde hace dos años Elva se dedica a la prestación de servicios domésticos lo cual le permite apoyar con los gastos del hogar. Desea mejorar las condiciones de su vivienda para lo cual solicita este crédito a FUSAI para invertir en la reparación del techo repello de paredes y para encementar el piso de la vivienda. Con el monto solicitad comprará cemento, arena, polines y grava.

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
  • 540
    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 $650 helped Elva Luz to buy materials to repair the roof and floor of her home, and to plaster the walls.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Mar 24, 2014
Apr 16, 2014
Currency Exchange Loss:
Apr 17, 2015