Margarito Amador

Status: Paying Back

$800
Loan Request
Pre-Disbursed : Jun 10, 2009
Listed: Jun 10, 2009
Funded: Jun 23, 2009
58% repaid

About the Country

Country:Honduras
Avg Annual Income:$3,009
Currency:Honduras Lempiras (HNL)
Exchange Rate:18.9150 HNL = 1 USD


About the Loan

Location: Choluteca, Honduras   Repayment Term: 14 months
(more info)
Activity: General Store   Repayment Schedule: Monthly
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   Currency Exchange Loss: Covered
      Default Protection: Not Covered
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 sueño es poner una bodega o deposito.

Subscribe

Lenders to this entrepreneur

Derek
Orangeville, Ontario
Canada

festival
Montreal, Quebec
Canada

Kathy
AUSTIN, TX
United States

Laurent D
Brussels,
Belgium

Isa
All over, the
United States

Gary
Denver, Colorado
United States

David
Rockville, MD
United States

Paula
St. Catharines, Ontario
Canada

Anonymous
Columbus, OH
United States

Christine
seattle, WA
United States

Paul

United States

Julia
KivaFriends.org, Pasadena, CA
United States

Ingrid
Dorchester, MA
United States

William
New York, NY
United States

Shaun
Calagry, Alberta
Canada

Sara
Spokane Valley, WA
United States

Cal
Naperville, IL
United States

Eielson
Seattle, WA
United States

George
Kingman, AZ
United States

Tom
Chicago, IL
United States

Tom and Barb
Surprise, AZ
United States

Jonathan
Boston, MA
United States

Garry
Sunbury, Victoria
Australia

John
Shreveport, LA
United States

Bellarmine Chapel
Cincinnati, OH
United States

Steven
MC FARLAND, WI
United States

MSP MicroLenders
Batavia, IL
United States



Top Lending Teams for this entrepreneur


Xavier University
Colleges/Universities
5 Members

Team Norway
Common Interest
12 Members

Belgium
Local Area
265 Members

Washington State
Local Area
362 Members

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
Comment on this entry

Thank you from Prisma Honduras
 
Entrepreneur: Margarito Amador
Location: Choluteca, Honduras

Dear Lender,

Thank you for supporting an entrepreneur in Honduras! The message below is from Prisma Honduras S.A., Kiva’s field partner in Honduras. As you may know, all borrowers’ profiles are posted on Kiva’s website with the help of microfinance institutions (MFIs) such as Prisma Honduras.

Prisma Honduras wishes to extend their thanks to all the Kiva lenders, and Kiva staff, who during the financial and political crisis that Honduras has been experiencing have continued to support our clients by funding our loans, even knowing that the situation in Honduras has been difficult since the political crisis in June 2009. Our people have suffered a lot, but they still have the inner strength to keep fighting and overcome the difficulties for the good of their family and because they have no other place to live.

Our country is trying to move beyond the political crisis after the elections of the 29th of November. We hope to continue with the valuable support you give by funding our loans and our people. Our goal is to help our clients achieve a better quality of life, by helping to improve their businesses which can help contribute to their food security and that of their families.

Thanks again for your support. The management and staff at Prisma Honduras wishes you all Happy Holidays and a Happy New Year.

Check out all fundraising loans from Prisma Honduras here


Posted by Giovanna Masci, Kiva Staff, from San Francisco, United States
Dec 21, 2009
Comments (11)

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 $66.67 Repayment Received
February 2010 $66.67 $66.67 Repayment Received
March 2010 $66.67 Available Mar 1 Repayment Received
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