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Elvin David

Update on Elvin David

Elvin is a very hard-working person. Currently, he lives with his wife and their two children in the department of Choluteca. Elvin has his own business running a general store.
Elvin is requesting a loan to purchase meat, chicken, coffee, sugar, flour, soft drinks, juice, eggs, bread, and milk. Elvin hopes to have a mini supermarket in five years, since he lives in a region that produces lots of seafood and livestock, and is the home of other types of commercial activities.
Elvin’s wish is to continue working hard to be able to give his children the best in life, which is an education so that they can become better people.
Choluteca, Honduras – August 2012.
View original language description ↓
El joven Elvin es una persona muy trabajadora actualmente vive con su esposa y sus 2 hijos en el Departamento de Choluteca. Elvin Se dedica a su negocio propio de pulpería.
Elvin el préstamo lo necesita para la compra de carne, pollo, café, azúcar, harina, refrescos, jugos, huevos, pan y leche. Elvin Espera tener en 5 años un mini súper ya que es una zona muy productiva de mariscos, ganadería y otro tipo de actividades comerciales.
Elvin su deseo es seguir trabajando duro para terminar de darles a sus hijos lo mejor que es la educación para que sean personas de bien.
Choluteca, Honduras - Agosto del 2012

Previous Loan Details

Elvin lives in Choluteca, Honduras with his wife and two children. For the past three years, he has run a small general store to earn a living. Elvin has requested a loan of Lps. 12,000 to purchase merchandise for his store. In his free time, Elvin raises chickens and pigs. More from Elvin David's previous loan »

Additional Information

Prisma Honduras, S.A.

This loan is administered by Prisma Honduras. Prisma is one of Kiva's first field partners in Central America and has funded over 2,500 entrepreneurs through Kiva since 2008. Prisma funds smaller than average loans for micro-entrepreneurs to help them grow businesses in urban and rural areas. To improve living conditions in Honduras, the organization strives to empower women who lack access to traditional financial services, and promotes solar panels to deliver clean, affordable electricity to rural areas. Through its four branches in southern and central Honduras, Prisma provides access to financial products to some of the poorest and most isolated communities in the country.

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
  • 52
    View loans »
    Honduras Loans Fundraising
  • $8,383,625
    Funds lent in using Kiva
  • 19.6
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Elvin David to purchase meat, chicken, coffee, sugar, flour, soft drinks, juice, eggs, bread, and milk for his business.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 16, 2012
Listed
Sep 9, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 18, 2013