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Santos Eusebio
Santos Eusebio is 34 years old, and he has been married for 13 years. He has three children; ages 7, 10, and 12. The children go to school. He lives in the village of El Tigre in Santa Cruz, Yojoa.

For two years Santos has had his business of selling women’s and children’s clothes, hats, belts, sandals, purses, and shoes. He does this every day, but on Saturday and Sunday he sells at a place in Taulabe, which is a village close to his house. He already has an established customer base.

He started this business with his own money, and he has reinvested his earnings in order to increase his inventory.

This is the first loan that he has requested. The loan is to buy more clothes and shoes because the good season for sales is coming.

The plan that he has is to keep his business stocked in order to get more earnings. He will pay for his children’s educational expenses from that income.
View original language description ↓
El Sr. Santos Eusebio, tiene 34 años de edad y 13 años de casado, tiene 3 hijos de 7, 10 y 12 años de edad, todos están estudiando, vive en la aldea El Tigre, Santa Cruz de Yojoa.

Santos tiene dos años de tener un negocio de venta de ropa para damas y niños, gorras, fajas, sandalias, bolsos y zapatos. Esta actividad la realiza a diario, pero el sábado y domingo vende en un puesto de venta En Taulabe, es una aldea cercana de su casa. Ya tiene su clientela establecida.
Este negocio lo inicio con dinero propio, y las ganancias las ha reinvertido para ir incrementando su inventario.
Este préstamo es el primero que solicita y es para comprar más ropa y zapatos, ya que viene la temporada buena de ventas.
El plan que tiene es mantener su negocio surtido para sacar mas ganancias y de allí sacar los gastos de educación de sus hijos.

Additional Information

About Organización de Desarrollo Empresarial Femenino Financiera, S.A.

This loan is administered by Organización de Desarrollo Empresarial Femenino Financiera, S.A. (ODEF), a Kiva Field Partner in Honduras. A leader in the microfinance sector since 1985, ODEF strives to combat poverty by offering a wide array of financial services to low-income men and women. The organization works with its parent NGO, ODEF OPD, to provide training and technical assistance to impoverished microentrepreneurs. By incorporating the entire family unit in this process, ODEF OPD aims to improve the standard of living through the creation of profitable enterprises. Visit ODEF’s partner page for more information.

About Honduras

  • $4,800
    Average annual income
  • 61
    View loans »
    Honduras Loans Fundraising
  • $8,631,200
    Funds lent in using Kiva
  • 19.0
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Santos Eusebio to buy clothes, shoes, and other products to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 14, 2011
Listed
Nov 10, 2011
Currency Exchange Loss:
Covered
Ended:
Oct 16, 2012