Miguel Angel Zavala Huete


Status: Paying Back

$650.00   Loan Amount
0% repaid

About the Entrepreneur

Name: Miguel Angel Zavala Huete
Location: Danli, Honduras
Activity: Construction Supplies

About the Loan

Loan Amount: $650.00
Loan Use: Purchasing cement and sand
Repayment Term: 12 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Oct 27, 2009
Date Disbursed: Oct 27, 2009
Date Funded:Oct 28, 2009

About the Country

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



Miguel Angel Zavala Huete is 24 years old and works manufacturing and selling concrete blocks for the construction of houses and commercial buildings. There is great demand for this product in the area; most local constructions use this type of material because it is resistant and economical.

Mr. Zavala tells us that this business has been a great blessing for him, since it has generated income to cover his personal expenses and the financial obligations he has contracted. His wife has been a great support in helping him develop his small enterprise.

His goal is to be able to produce more blocks and thus provide a better quality of life for his family.

Translated from Spanish by Patricia Linderman, Kiva Volunteer


le sr. MIGUEL ANGEL ZAVALA HUETE tiene 24 años de dedicarse la elaboracion y venta de bloques de concreto para construccion de casas y edificios , este producto tiene mucha demanda en la zona
ya que la mayoria de las construcciones emplean este tipo de material por ser mas economico y resistente
El Sr. Zavala nos manifesto que este negocio le es de mucha bendicion ya que le ha generado ingresos para cubrir sus gastos personales y las obligaciones finanacieras que el ha contraido. Su esposa a sido de gran apoyo para salir adelante con su pequeña empresa.
su meta es poder fabricar mas bloques y asi poder darles una mejor calidad de vida a su familia.

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Journal entries for Miguel Angel Zavala Huete


Loan has been disbursed
 
Entrepreneur: Miguel Angel Zavala Huete
Location: Danli, Honduras

Thank you for your loan. It has been disbursed to Miguel Angel Zavala Huete 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
Oct 29, 2009
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Kiva Help Repayment Schedule for Miguel Angel Zavala Huete

  Expected Repayments Actual Repayments Comments
January 2010 $65.00 Available Jan 1  
February 2010 $65.00 Available Feb 1  
March 2010 $65.00 Available Mar 1  
April 2010 $65.00 Available Apr 1  
May 2010 $65.00 Available May 1  
June 2010 $65.00 Available Jun 1  
July 2010 $65.00 Available Jul 1  
August 2010 $65.00 Available Aug 1  
September 2010 $65.00 Available Sep 1  
October 2010 $65.00 Available Oct 1