Gabriel Diaz Alvarado


Status: Paying Back

$425.00   Loan Amount
43% repaid

About the Entrepreneur

Name: Gabriel Diaz Alvarado
Location: Tegucigalpa, Honduras
Activity: Used Clothing

About the Loan

Loan Amount: $425.00
Loan Use: Purchase of bundles of used clothing
Repayment Term: 10 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jul 16, 2009
Date Disbursed: Jul 14, 2009
Date Funded:Jul 17, 2009

About the Country

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



Gabriel Diaz dedicates himself to business. He sells used American clothing in fishing towns such as Punta Ratón, Cedeño, Monjaras, and Pueblo Nuevo. He has been doing this for 10 years. He has been able to help his family get ahead and pay for his 4 daughters’ studies. He has also been able to purchase land to build a house for his family. Gabriel needs the loan to purchase more bundles of clothing so that he has more products and obtains more earnings. In the future, he wants to buy a car to be able to bring a lot of clothing to the different towns that he visits because he currently does it by bus.

Translated from Spanish by Kathleen O'Connell, Kiva Volunteer


el sr. Gabriel Diaz se dedica al comercio, el sale a vender ropa americana usada a pueblos pesqueros como ser punta raton, cedeño, monjaras y pueblo nuevo, tiene 10 años de dedicarse a este tipo de actividad. el ha logrado sacar adelante a su familia y pagar los estudios de sus 4 hijos, tambien ha logrado comprar un terreno para construir una casa para su familia. el necesita el credito para comprar mas fardos de ropa y asi tener mas producto y obtener mas ganancias, en el futuro el desea comprar un carro para poder llevar mucha ropa a todos los diferentes pueblos que el visita porque ahora lo hace por medio de bus.

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Journal entries for Gabriel Diaz Alvarado


Loan has been disbursed
 
Entrepreneur: Gabriel Diaz Alvarado
Location: Tegucigalpa, Honduras

Thank you for your loan. It has been disbursed to Gabriel Diaz Alvarado by Prisma Honduras, S.A. in Honduras. We are excited to watch this business grow. Over the 8 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 Tegucigalpa, Honduras
Jul 18, 2009
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Kiva Help Repayment Schedule for Gabriel Diaz Alvarado

  Expected Repayments Actual Repayments Comments
October 2009 $53.13 $79.69 Repayment Received
November 2009 $53.13 $53.13 Repayment Received
December 2009 $53.13 $53.13 Repayment Received
January 2010 $53.13 Available Jan 1  
February 2010 $53.13 Available Feb 1  
March 2010 $53.13 Available Mar 1  
April 2010 $53.13 Available Apr 1  
May 2010 $53.09 Available May 1