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Cesar Augusto
Cesar is 52 years old, married, and has three children. He lives in the town of San Manuel, Cortes.


Don Cesar buys and sells all types of scrap metal, old vehicles in bad condition, machinery, and old equipment. He started this business 12 years ago. Cesar buys parts or vehicles in bad condition and then sells these items by the pound to factories that recycle iron, aluminum, and other metals. He previously worked as a mechanic, but the income was not enough.


Cesar is requesting a loan of 10,000 HNL so that he can buy scrap materials to sell. This will help to increase his sales and his income. His goal is to continue growing his business and consolidate it so that he can improve his quality of life. He thanks ODEF and Kiva for this opportunity to receive financing.

View original language description ↓
Cesar, tiene 52 años de edad, está casado, tiene 3 hijos, y vive en el municipio de San Manuel, Cortes. Don cesar se dedica a comprar y vender todo tipo de chatarra, vehículos viejos en mal estado, maquinaria y equipos viejos. El tiene 12 años de haber emprendido este negocio, compra piezas o los vehículos en mal estado y los vende por libras en las fábricas que se dedican a reciclar hierro, aluminio y otros metales. Anteriormente se dedicaba a realizar trabajos de mecánica pero los ingresos no eran suficientes. Esta solicitando un préstamo por 10,000 Lempiras para comprar materiales de chatarra para la venta, la cual le ayudara a incrementar las ventas y sus ingresos. Su meta es seguir creciendo en el negocio y consolidarlo, para mejorar su calidad de vida. Agradece a ODEF y a KIVA por la oportunidad de financiamiento.

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
  • 97
    View loans »
    Honduras Loans Fundraising
  • $8,686,950
    Funds lent in using Kiva
  • 19.1
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Cesar Augusto to buy scrap metal that he can resell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 12, 2012
Listed
Jul 27, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2013