Jesus Gustavo Espinoza Almendares

Status: Paying Back

$650
Loan Request
Pre-Disbursed : Jul 14, 2009
Listed: Jul 16, 2009
Funded: Jul 16, 2009
50% repaid

About the Country

Country:Honduras
Avg Annual Income:$3,009
Currency:Honduras Lempiras (HNL)
Exchange Rate:18.9000 HNL = 1 USD


About the Loan

Location: Danli, Honduras   Repayment Term: 14 months
(more info)
Activity: Furniture Making   Repayment Schedule: Monthly
Loan Use: The purchase of laurel wood, sealant, varnish, thiner, glue, sandpaper, screws, and a polishing machine.   Currency Exchange Loss: Covered
      Default Protection: Not Covered
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 años 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.

Subscribe

Lenders to this entrepreneur

Larry
Los Angeles, CA
United States

Momma T
Nepean, Ontario
Canada

Dean
New Albany, IN
United States

Eddie
Seven Fields, PA
United States

Terry T
Calgary, Alberta
Canada

William
Pensacola, FL
United States

Robert
Oakland, CA
United States

Jason
maplewood, MN
United States

Rachel
London, London
United Kingdom

Neil
Cornwall, Ontario
Canada

Don and Trina
Antigonish, Nova Scotia
Canada

Pete
Newnan, GA
United States

CherylS
kivafriends.org, Littleton, NC
United States

Jacqui
Hitchin, Hertfordshire
United Kingdom

Kenneth
West Orange, NJ
United States

Matthew
Maple Grove, MN
United States

Julia
KivaFriends.org, Pasadena, CA
United States

Don
Clyde Township, MI
United States

Ben W.
Fayetteville, AR
United States

Evan
Malibu, CA
United States

Jillian
Vence,
France

sekimonryu
los angeles, CA
United States

Jenna
Jacksonville, FL
United States

william
Bay Head, NJ
United States



Top Lending Teams for this entrepreneur


Table Tennis
Sports Groups
13 Members

Mother Teresa High School
Schools
2 Members

Taiwan Gives
Local Area
234 Members

Minnesotans & Friends
Local Area
90 Members

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
Comment on this entry

Thank you from Prisma Honduras
 
Entrepreneur: Jesus Gustavo Espinoza Almendares
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 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 $54.17 Repayment Received
February 2010 $54.17 $54.17 Repayment Received
March 2010 $54.17 Available Mar 1 Repayment Received
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