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Gumercindo
Gumercindo Macías S. is a 50-year-old merchant and farmer. He lives with his wife and their six children in the community of Las Guacamayas (the Scarlet Macaw) in Manto, Olancho.

Gumercindo had been farming for a long time when one day his wife suggested that he use his profits to set up a small store in their home. This would provide an additional source of income and help provide all their children’s basic and necessary needs. Now he has his store and when he needs to tend to his crops, his wife and children help him take care of it.

The loan request will be used to buy a larger and more varied quantity of grocery products to keep the store well stocked. The support of this loan will enable him to continue supporting the children in their studies and still have a source of income. This is his second lending cycle with FAMA and he expects to continue making regular repayments.
View original language description ↓
Gumercindo Macías S. es un comerciante y agricultor de 50 años de edad y junto a su esposa y sus seis hijos reside en la comunidad de Las Guacamayas, Manto, Olancho. Gumercindo se dedica a la agricultura desde hace mucho tiempo atrás y un día su esposa le sugirió que con las ganancias que él estaba obteniendo debían instalar una pequeña pulpería en su casa de habitación y así tener una entrada de dinero más para poder brindarles a sus hijos todo lo básico y necesario para su sostenimiento. Ahora él tiene su pulpería y cuando tiene que ir a revisar su cultivo, su esposa o sus hijos le ayudan a atenderla. El préstamo lo solicita para comprar una mayor y variada cantidad de productos de abarrotería y así mantener bien surtida su pulpería. Con el apoyo de este préstamo él podrá seguir apoyando a sus hijos para que sigan estudiando y seguir teniendo una fuente de ingreso. Es su segundo ciclo en FAMA y espera seguir pagando puntualmente sus cuotas.

Additional Information

About FAMA:

Honduras is one of the poorest countries in the Western Hemisphere with approximately 59% of people living below the poverty line. Familia y Medio Ambiente OPDF (FAMA OPDF) is a Honduran non-profit with no religious or political affiliation. FAMA’s mission is to provide quality and opportune financial services so that men and women have equal opportunities to develop their micro or small businesses, whether they focus on agriculture, manufacturing or services. FAMA operates 13 branches throughout Honduras and serves over 12,500 clients.

About Honduras

  • $4,200
    Average annual income
  • 22
    View loans »
    Honduras Loans Fundraising
  • $8,218,850
    Funds lent in using Kiva
  • 18.9
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Gumercindo comprar abarroteria en general.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 20, 2010
Listed
Oct 8, 2010
Currency Exchange Loss:
Possible
Ended:
May 5, 2011