Margarito Amador


Status: Paying Back

$800.00   Loan Amount
41% repaid

About the Entrepreneur

Name: Margarito Amador
Location: Choluteca, Honduras
Activity: General Store

About the Loan

Loan Amount: $800.00
Loan Use: buy soft drinks, churros, glasses, plates, plastics, rice, sugar, coffee, bread, beans, shortening, oil, salt, tortillas,milk products, pastas, toilet paper, soaps, pencils
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jun 10, 2009
Date Disbursed: Jun 10, 2009
Date Funded:Jun 23, 2009

About the Country

Country:Honduras
Avg Annual Income:$3,009.00
Currency:Honduras Lempiras (HNL)
Exchange Rate:18.9150 HNL = 1 USD



Margarito Amador sells popular consumer products. He has a grocery store in his house. He gets up very early to open his business to take care of his customers. He lives with his wife and daughter. They also help waiting on the customers. He is very happy with his business since it generates income to cover the home and family expenses.

He needs a loan to buy more merchandise to have a very well stocked store. In the future he is thinking of building in order to make his location bigger. Then he could set up a complete market.

His dream is to have a general store or warehouse.

Translated from Spanish by Ginny Kalish, Kiva Volunteer


el sr. Margarito Amador se dedica a la venta de productos de consumo popular, el tiene una tienda de abarroterias en su casa de habitacion, el se levanta muy temprano para abrir su negocio para atender a sus clientes, el vive con su esposa y su hija que tambien le ayudan con la atencion de los clientes, el esta muy contento ya que su negocio les genera ingresos para cubrir con los gastos de su hogar y su familia, el necesita el credito para comprar mas mercaderia y asi tener muy surtido su negocio , en el futuro piensa construir para poder hace mas grande su local y asi poder montar un mercadito completo, su meta o sueƱo es poner una bodega o deposito.

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Journal entries for Margarito Amador


Loan has been disbursed
 
Entrepreneur: Margarito Amador
Location: Choluteca, Honduras

Thank you for your loan. It has been disbursed to Margarito Amador by Prisma Honduras, S.A. in Honduras. We are excited to watch this business grow. Over the 11 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 Choluteca, Honduras
Jun 24, 2009
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Kiva Help Repayment Schedule for Margarito Amador

  Expected Repayments Actual Repayments Comments
August 2009 $0.00 $66.67  
September 2009 $66.67 $66.67 Repayment Received
October 2009 $66.67 $0.00 Repayment Received
November 2009 $66.67 $133.33 Repayment Received
December 2009 $66.67 $66.67 Repayment Received
January 2010 $66.67 Available Jan 1 Repayment Received
February 2010 $66.67 Available Feb 1  
March 2010 $66.67 Available Mar 1  
April 2010 $66.67 Available Apr 1  
May 2010 $66.67 Available May 1  
June 2010 $66.67 Available Jun 1  
July 2010 $66.67 Available Jul 1  
August 2010 $66.63 Available Aug 1