Jesus Gustavo Espinoza Almendares


Status: Paying Back

$650.00   Loan Amount
33% repaid

About the Entrepreneur

Name: Jesus Gustavo Espinoza Almendares
Location: Danli, Honduras
Activity: Furniture Making

About the Loan

Loan Amount: $650.00
Loan Use: The purchase of laurel wood, sealant, varnish, thiner, glue, sandpaper, screws, and a polishing machine.
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jul 16, 2009
Date Disbursed: Jul 14, 2009
Date Funded:Jul 16, 2009

About the Country

Country:Honduras
Avg Annual Income:$3,009.00
Currency:Honduras Lempiras (HNL)
Exchange Rate:18.9000 HNL = 1 USD



Mr. Jesus Gustavo Espinoza Almendares has been running his own carpentry business for over 4 years. His business operates under the name of Carpinteria ESPINOZA.

In his workshop he produces a large variety of furniture such as panel doors, windows, tables, dressers and beds. His workshop stands out because it also produces wood panels for vehicles.
He lives with his common law wife and is a father of 3 children, who depend on him 100%. All of his children are in school. With the profits that the business generates, he is able to cover his financial needs at the moment.

He needs a loan to move his business forward. He also has a project to manufacture several types of furniture and he needs the capital to start this project.

Translated from Spanish by Mariana Hungria, Kiva Volunteer


el sr. Jesus Gustavo Espinoza Almendares tiene mas de 4 aƱos de dedicarse a la carpinteria la cual opera bajo el nombre de Carpinteria ESPINOZA.
en su taller se elabora una gran variadad de muebles como ser puertas de tablero, ventanas, mesas, comodas, camas y por lo que mas resalta su taller es por la elaboracion de pailas de madera para vehiculos.
el viven en union libre y es padre de 3 hijos los cuales dependen al 100% de el, todos sus hijos estan estudiando. con las ganancias que le da el taller, el cubre todos sus gastos familiares, en estos momentos el necesita el credito para poder salir adelante con su negocio, ademas tiene un proyecto de fabricar varios muebles y necesita capital para poder empezar a realizar dicho proyecto.

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Journal entries for Jesus Gustavo Espinoza Almendares


Loan has been disbursed
 
Entrepreneur: Jesus Gustavo Espinoza Almendares
Location: Danli, Honduras

Thank you for your loan. It has been disbursed to Jesus Gustavo Espinoza Almendares by Prisma Honduras, S.A. in Honduras. We are excited to watch this business grow. Over the 12 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
Jul 17, 2009
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Kiva Help Repayment Schedule for Jesus Gustavo Espinoza Almendares

  Expected Repayments Actual Repayments Comments
October 2009 $54.17 $108.33 Repayment Received
November 2009 $54.17 $54.17 Repayment Received
December 2009 $54.17 $54.17 Repayment Received
January 2010 $54.17 Available Jan 1 Repayment Received
February 2010 $54.17 Available Feb 1  
March 2010 $54.17 Available Mar 1  
April 2010 $54.17 Available Apr 1  
May 2010 $54.17 Available May 1  
June 2010 $54.17 Available Jun 1  
July 2010 $54.17 Available Jul 1  
August 2010 $54.17 Available Aug 1  
September 2010 $54.13 Available Sep 1