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Raul Leonel
Raul is 21 years old and lives in his own house with his partner and their little one-year-old daughter. Raul is a hard-working man who is entrepreneurial and visionary. He earns a living by working as a mechanic and by selling clothing and chickens. He has had this business for 4 years and he and his partner run it together and make an honest living.

Raul wants to increase his stock in his clothing and chicken sales business and so he is asking FUSAI for a loan to buy a variety of clothing such as dresses, trousers, blouses etc. He hopes he will be able to get the loan so he can provide better living conditions for his family, since he hopes to improve his income as a result of the loan.
View original language description ↓
Raul tiene 21 años de edad y habita en casa propia y junto a su compañera de vida y su pequeña hija de un año de edad. Raul es un hombre trabajador, emprendedor y visionario. Él se gana la vida por medio de la prestación de servicios de mecánica y mediante la venta de ropa y venta de pollos, dicho negocio lo tiene desde hace 4 años y junto a su compañera de vida lo administran y se gana la vida honradamente. Raul desea incrementar su inventario de venta de ropa y pollos para lo cual solicita este crédito a FUSAI para invertir en la compra de variedad de ropa para dama como vestidos, faldas, pantalones, blusas,etc. Espera poder contar con este financiamiento y así dar a su familia mejores condiciones de vida dado que espera mejorar sus ingresos a partir de esta inversión.

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
  • 362
    View loans »
    El Salvador Loans Fundraising
  • $31,233,650
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $250 helped Raul Leonel to buy women's clothing such as dresses, skirts, trousers, blouses etc.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Mar 28, 2014
Apr 30, 2014
Currency Exchange Loss:
Jan 17, 2015