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Emilson Alexander

Update on Emilson Alexander

Emilson, 34, is married and has 3 children. He lives with his family in a neighborhood of La Lima Cortes. Previously, Emilson was working as a school bus driver, but because he needed to earn more income he started up a grocery store 3 months ago where he sells basic consumer products. He now rents his bus to another person who transports the students, and he and his wife tend to the store. He is selling staple grains, sugar, eggs, churros, sweets, cereals, bread, cookies, canned goods, cleaning products, home products, etc. He is requesting his 3rd loan from ODEF for 15,000 Honduran lempiras to buy food products, cleaning products and home goods for his store. With this loan, he will be able to offer a variety of products to his customers. His dream is to make his business long-lasting and prosperous so that he can help his family. He is very pleased with the loans, because they have helped him a lot to obtain an income for his family. He is a person who is very responsible with his debts; he paid off his previous Kiva loan on time.
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Emilson, tiene 34 años de edad, es casado y tiene tres hijos, vive con su familia en una colonia que pertenece al sector de la Lima Cortes. Emilson anteriormente se dedicaba a transportar estudiantes en un busito, pero por necesidad de obtener otros ingresos, hace tres meses decidió establecer una pulpería para vender productos de la canasta básica familiar y el busito lo tiene alquilado a otra persona quien transporta los estudiantes, y el junto a su esposa atender la pulpería, está vendiendo granos básicos, azúcar, huevos, churros, dulces, cereales, pan, galletas, productos enlatados, productos de limpieza, artículos del hogar etc. Esta solicitando a ODEF el tercer préstamo que es por 15,000 Lempiras para invertirlo en surtir la pulpería de productos alimenticios, de limpieza y artículos del hogar. Este préstamo le ayudara a ofrecer variedad de productos a sus clientes. Su sueño es convertir el negocio en algo duradero y prospero para poder ayudar a su familia. Esta muy contento por los financiemientos porque le han ayudado mucho a obtener siempre los ingresos familiares, es una persona muy responsable con sus deudas, el prestamo anterior que le financio Kiva lo cancelo puntualmente.

Previous Loan Details

Emilson, age 33, has been married for ten years. His wife works in a factory as a laborer. He lives in La Lima Cortes. They have two children; ages eight and nine. The children go to school. Emilson has had a mini-bus for eight years. He uses to bus to provide school transportation. He t... More from Emilson Alexander's previous loan »

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.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

About Honduras

  • $4,200
    Average annual income
  • 56
    View loans »
    Honduras Loans Fundraising
  • $8,354,075
    Funds lent in using Kiva
  • 19.5
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Emilson Alexander to buy products for his store, including: staple grains, dairy products, flour, butter, eggs, cleaning products, products for the home, and other items.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 26, 2012
Listed
Aug 11, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 18, 2013