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Jose Adular
José is 50 years old and lives in his own house along with his wife and 17-year-old daughter. José buys and sells basic foodstuffs such as corn, rice, sorghum, and beans. In this way, along with his wife, he maintains the economy of the household, and this is how, little by little, they are getting ahead. José is applying to FUSAI for this loan to invest in the purchase of a greater quantity of basic foodstuffs (corn, beans, sorghum, and rice) in order to stock a greater quantity of merchandise, which will allow him to increase his sales and income, with the goal of improving his living conditions and those of his family.
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José tiene 50 años de edad y habita en casa propia junto a su esposa y su hija de 17 años de edad. José se dedica a la compra y venta de granos básicos como: maíz, arroz,maicillo y frijoles. De esta forma junto a su esposa mantienen la economía del hogar y es así como poco a poco van saliendo adelante. José solicita este crédito a FUSAI para invertir en la compra mayor cantidad de granos básicos (maíz, frijoles, maicillo, arroz). para abarcar una mayor cuota de mercado que le permita aumentar sus ventas e ingresos con el fin de mejorar sus condiciones de vida y las de 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 El Salvador

  • $7,500
    Average annual income
  • 550
    View loans »
    El Salvador Loans Fundraising
  • $31,835,275
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Jose Adular to buy basic foodstuffs (corn, beans, sorghum, and rice) for his business.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Mar 21, 2014
Apr 20, 2014
Currency Exchange Loss:
Feb 20, 2015