Iris Wuvaldina Bustillo


Status: Paying Back

$800.00   Loan Amount
50% repaid

About the Entrepreneur

Name: Iris Wuvaldina Bustillo
Location: Danli, Honduras
Activity: General Store

About the Loan

Loan Amount: $800.00
Loan Use: Purchasing soft drinks, churros, cookies, candies, coffee, bread, rice, beans, lard, oil, tortillas, toilet paper, soap, and sugar
Repayment Term: 12 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: May 17, 2009
Date Disbursed: May 14, 2009
Date Funded:May 19, 2009

About the Country

Country:Honduras
Avg Annual Income:$3,009.00
Currency:Honduras Lempiras (HNL)
Exchange Rate:18.8954 HNL = 1 USD



For the past 10 years Iris has had a small grocery store, which is called the “EDUARDO” grocery store. Her business is located in her home. Iris is married and has 2 sons; one of her sons still lives with her, while the other is married and no longer lives at home. Iris’s husband works in transport and provides a charter service both inside and outside the city. Iris tells us very happily that her business has been a great blessing, since with the income it has generated she has invested more in her business and fulfilled her financial obligations. She is requesting a loan because she needs working capital so she can re-supply her business and purchase basic grains. Basic grains are currently scarce and becoming more expensive, since the vendors are putting a high price on them and making them difficult to purchase.

Translated from Spanish by Christopher Knutson, Kiva Volunteer


La Sra. Bustillo tiene una pulpería desde hace 10 años, la cual opera bajo el nombre de Pulpería "EDUARDO" su negocio esta ubicado en su casa de habitación. ella es casada y madre de 2 hijos, de los cuales ya solo depende uno, el otro ya se hizo su vida y esta casado, su esposo se dedica al Transporte el realiza fletes dentro y fuera de la ciudad. Doña Iris nos comento muy alegre que su negocio le ha sido de gran bendición, ya que con los ingresos que le ha generado el mismo ella ha ido invirtiendo mas en su negocio y cumpliendo con los compromisos adquiridos. ella necesita el credito porque necesita capital de trabajo para surtir su negocio y comprar granos basicos ya que estos se estan escaseando y encareciendo en esta epoca y los vendedores lo ponen a un precio alto que es dificil comprarlo.

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Journal entries for Iris Wuvaldina Bustillo


Loan has been disbursed
 
Entrepreneur: Iris Wuvaldina Bustillo
Location: Danli, Honduras

Thank you for your loan. It has been disbursed to Iris Wuvaldina Bustillo by Prisma Honduras, S.A. in Honduras. We are excited to watch this business grow. Over the 10 months of this loan, Prisma Honduras, S.A. will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Danli, Honduras
May 20, 2009
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Kiva Help Repayment Schedule for Iris Wuvaldina Bustillo

  Expected Repayments Actual Repayments Comments
August 2009 $80.00 $80.00 Repayment Received
September 2009 $80.00 $80.00 Repayment Received
October 2009 $80.00 $80.00 Repayment Received
November 2009 $80.00 $80.00 Repayment Received
December 2009 $80.00 $80.00 Repayment Received
January 2010 $80.00 Available Jan 1  
February 2010 $80.00 Available Feb 1  
March 2010 $80.00 Available Mar 1  
April 2010 $80.00 Available Apr 1  
May 2010 $80.00 Available May 1