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Jose Neptael
José is 27 years old, and he lives with his mother in the Sulaco municipality in Yoro.

José has established his own business at his house. He sells motorcycle replacement parts, and he repairs motorcycles. He has had the business for three years, and he has managed to establish his clientele in his community.

This is the first loan that he has requested. He has requested 20,000 lempiras to stock his business with motorcycle replacement parts to sell (tires, ball bearings, rubber accessories, seals, patches, headlights, vias, spark plugs, tail lights, and chains, etc.) The loan is also to provide repair service.

The objective is to increase his inventory in order to increase sales and his income. His goal is to further strengthen the business in order to financially help his family and to continue his education.
View original language description ↓
Jose tiene 27 años de edad, es soltero, y vive con su madre en el municipio de Sulaco, Yoro. José ha establecido su propio negocio en su casa, de venta de repuestos para motocicletas y reparación de la misma. El negocio lleva tres años de estar funcionando y ha logrado establecer su clientela en su comunidad. Es su primer préstamo que solicita el cual es por 20,000 Lempiras y lo va utilizar para surtir el negocio de repuestos de motocicletas para vender ( llantas, neumáticos, balinera, hules, empaques, parches, focos, vías, bujías, stop, cadenas, etc). y a la vez para brindar el servicio de reparación. El objetivo de incrementar el inventario es para incrementar las ventas y sus ingresos. Su meta es fortalecer más el negocio para ayudar económicamente a su familia y continuar sus estudios.

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

  • $4,200
    Average annual income
  • 25
    View loans »
    Honduras Loans Fundraising
  • $8,148,850
    Funds lent in using Kiva
  • 19.6
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Jose Neptael to buy motorcycle replacement parts to sell.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 23, 2012
Listed
Sep 25, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 18, 2013