Iris Wuvaldina Bustillo

Status: Paying Back

$800
Loan Request
Pre-Disbursed : May 14, 2009
Listed: May 17, 2009
Funded: May 19, 2009
70% repaid

About the Country

Country:Honduras
Avg Annual Income:$3,009
Currency:Honduras Lempiras (HNL)
Exchange Rate:18.8954 HNL = 1 USD


About the Loan

Location: Danli, Honduras   Repayment Term: 12 months
(more info)
Activity: General Store   Repayment Schedule: Monthly
Loan Use: Purchasing soft drinks, churros, cookies, candies, coffee, bread, rice, beans, lard, oil, tortillas, toilet paper, soap, and sugar   Currency Exchange Loss: Covered
      Default Protection: Not Covered
For the past 10 years Iris has had a small grocery store, which is called the “EDUARDO” grocery store. Her business is located in her home. Iris is married and has 2 sons; one of her sons still lives with her, while the other is married and no longer lives at home. Iris’s husband works in transport and provides a charter service both inside and outside the city. Iris tells us very happily that her business has been a great blessing, since with the income it has generated she has invested more in her business and fulfilled her financial obligations. She is requesting a loan because she needs working capital so she can re-supply her business and purchase basic grains. Basic grains are currently scarce and becoming more expensive, since the vendors are putting a high price on them and making them difficult to purchase.

Translated from Spanish by Christopher Knutson, Kiva Volunteer


La Sra. Bustillo tiene una pulpería desde hace 10 años, la cual opera bajo el nombre de Pulpería "EDUARDO" su negocio esta ubicado en su casa de habitación. ella es casada y madre de 2 hijos, de los cuales ya solo depende uno, el otro ya se hizo su vida y esta casado, su esposo se dedica al Transporte el realiza fletes dentro y fuera de la ciudad. Doña Iris nos comento muy alegre que su negocio le ha sido de gran bendición, ya que con los ingresos que le ha generado el mismo ella ha ido invirtiendo mas en su negocio y cumpliendo con los compromisos adquiridos. ella necesita el credito porque necesita capital de trabajo para surtir su negocio y comprar granos basicos ya que estos se estan escaseando y encareciendo en esta epoca y los vendedores lo ponen a un precio alto que es dificil comprarlo.

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Journal entries for Iris Wuvaldina Bustillo


Loan has been disbursed
 
Entrepreneur: Iris Wuvaldina Bustillo
Location: Danli, Honduras

Thank you for your loan. It has been disbursed to Iris Wuvaldina Bustillo 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
May 20, 2009
Comment on this entry

Thank you from Prisma Honduras
 
Entrepreneur: Iris Wuvaldina Bustillo
Location: Danli, 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 Iris Wuvaldina Bustillo

  Expected Repayments Actual Repayments Comments
August 2009 $80.00 $80.00 Repayment Received
September 2009 $80.00 $80.00 Repayment Received
October 2009 $80.00 $80.00 Repayment Received
November 2009 $80.00 $80.00 Repayment Received
December 2009 $80.00 $80.00 Repayment Received
January 2010 $80.00 $80.00 Repayment Received
February 2010 $80.00 $80.00 Repayment Received
March 2010 $80.00 Available Mar 1  
April 2010 $80.00 Available Apr 1  
May 2010 $80.00 Available May 1