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Francisco Arturo
Mr. L. has seven years of experience selling furniture. Specifically he stocks furnishings for the kitchen, living room, dining room, wardrobes and microwave shelves. Mr. L. extends credit to his customers and is repaid in installments over 10 months. His business employs two people who are in charge of delivering the products and charging customers.


The success of his business has allowed Mr. L. to construct his house and pay for the studies of his four children. His wife helps him with daily collection of installments. She also manages nearly 200 clients who then recommend the business to other potential clients -- especially because of the flexible installments.


Mr. L.'s greatest wish is to have a larger business so that he can keep all his inventory there, and not in his home. He needs this loan in order to buy more furniture since he has had a good selling season recently.

View original language description ↓
El Señor L. cuenta con siete años de experiencia en la venta de muebles para cocina, sala, comedor como ser armarios, muebles para microondas, muebles de cocina entre otros, los cuales vende al credito a un plazo de 10 meses, con esto el le da empleo a dos personas que son las que se encargan de colocar el producto y el de cobrar. Con este negocio don Francisco ha logrado construir su vivienda
y darles el estudio a sus cuatro hijos. Su esposa le ayuda con el control de los cobros diarios, cuenta con casi 200 clientes los mismos que le recomiendan mas personas ya que es muy accesible con los pagos.
Su mayor sueño es llegar a tener un negocio grande y con todas las comodidades ya que los productos los tiene que guardar en su casa. necesita el credito para poder comprar mas muebles ya que esta temporada es muy buena para su negocio.

Additional Information

Prisma Honduras, S.A.

This loan is administered by Prisma Honduras. Prisma is one of Kiva's first field partners in Central America and has funded over 2,500 entrepreneurs through Kiva since 2008. Prisma funds smaller than average loans for micro-entrepreneurs to help them grow businesses in urban and rural areas. To improve living conditions in Honduras, the organization strives to empower women who lack access to traditional financial services, and promotes solar panels to deliver clean, affordable electricity to rural areas. Through its four branches in southern and central Honduras, Prisma provides access to financial products to some of the poorest and most isolated communities in the country.

About Honduras

  • $4,200
    Average annual income
  • 33
    View loans »
    Honduras Loans Fundraising
  • $7,982,500
    Funds lent in using Kiva
  • 18.9
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,175 helped Francisco Arturo compra muebles de cocina, baño, roperos, gaveteros.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 21, 2009
Listed
Sep 21, 2009
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2010