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Valentín is 63 years old and lives in his own home. He is a very hardworking man who has made a living for 30 years as a weaver of blankets and tablecloths, also when he is asked he does construction work.

Valentín wants to improve the walls and the floor of his dwelling so he his requesting a loan from FUSAI to buy: cement, sand, gravel and pay for manual labor to whitewash the walls and cement the floor of his home.
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Valentín de 63 años de edad habita en casa propia. Él es un hombre muy trabajador que se gana la vida desde hace 30 años como tejedor de colchas y manteles, además cuando se le solicita se desempeña como albañil. Valentín desea mejorar las paredes y el piso de su vivienda por lo que solicita a FUSAI un crédito para comprar: cemento, arena, grava y pagar mano de obra para el repello de las paredes y encementado de piso.

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
  • 460
    View loans »
    El Salvador Loans Fundraising
  • $31,312,425
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
A loan of $500 helped Valentin to buy cement, sand, gravel and pay for manual labor to make improvements to the walls and floor of his home.
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jul 2, 2014
Aug 3, 2014
Currency Exchange Loss:
Sep 2, 2014