Check out some available loans that are similar to this one!
Richar Edgardo
Richar is 31 years old, married and has 3 children who are in school and still dependent on their parents. His wife works selling sewing materials and for 2 years now, Richar has been selling used clothing and bed linen as well as working construction jobs. He works alongside his wife and daughters, they are perseverant, honest and responsible people.
The loan solicited is needed to purchase 2 bales of clothing and bedroom linen that are in style and this way attract the attention of his clients and increase his sales. Richar's economic lifestyle has changed in a big way since he began receiving loan assistance from FAMA, even though sales have currently dropped.
His goal is to improve the business and to teach his kids to earn an honest living since this is the best he can leave them. This is his first loan with FAMA and he hopes to make punctual payments.
View original language description ↓
Richar tiene 31 años de edad, es casado y tiene 3 hijas las cuales son estudiantes y dependientes de sus padres, su esposa se dedica a la venta de materiales de costura. Richar desde hace dos años se dedica a la venta de ropa usada y ropa de cama, y también hace trabajos de construcción, el trabaja en conjunto con su esposa y sus hijas, son personas luchadoras, honestas y responsables. El préstamo que solicita lo necesita para la compra de dos fardos de ropa para cameras y edredones con estilos que estén a la moda para así poder llamar la atención de sus clientes y de este modo pueda aumentar sus ventas. La vida económica de Richar ha cambiado grandemente desde que recibe el apoyo de los préstamos de FAMA, aunque en estos momentos las ventas han bajado bastante. Su meta es mejorar el negocio y enseñarles a sus hijos a trabajar de forma honesta, ya que es la mejor herencia que puede dejarles. Este es el primer crédito que solicita Richar en FAMA y espera pagar 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

  • $4,800
    Average annual income
  • 89
    View loans »
    Honduras Loans Fundraising
  • $8,673,875
    Funds lent in using Kiva
  • 19.1
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Richar Edgardo to purchase bundles of used clothing and bed linen.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 23, 2012
Listed
Apr 7, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 26, 2013