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Clifton
Clifton, 46, is married living with his spouse in the municipality of Tela, Atlántida. Clifton has always been a merchant. For a time he sold clothes and three years ago decided to open a small grocery store selling foodstuffs and miscellany. He sells grocery items (basic grains, canned goods, cleaning supplies, eggs, candy, meat, dairy products, sandals, shaving cream, shampoo, etc.), clothes, bicycle spare parts, animal feed and others.

Clifton has requested a 16,000 Lempira loan to stock his store with groceries, basic grains and bicycle spare parts. With this investment he’ll increase his inventory and sales. His plans are to become a grocery warehouse and to open a bicycle repair shop since it’s a zone where bicycles are widely used as a means of transportation and he’ll be able to improve his income and his family’s quality of life this way.
View original language description ↓
Clifton tiene 46 años de edad, es casado y vive con su conyugue en el municipio de Tela, Atlántida. Clifton siempre se ha dedicado al comercio, estuvo un tiempo vendiendo solo ropa, y hace 3 años decidió establecer una tiendita de productos comestibles y variedades. El vende productos de abarrotería (granos básicos, productos enlatados, productos de limpieza, huevos, dulces, carnes, lácteos, sandalias, presto barba, champú etc), ropa, repuestos para bicicletas y comida para animales y otros. Clifton ha solicitado un préstamo por 16,000 Lempiras para surtir el negocio de productos de abarrotería, granos básicos y repuestos para bicicletas. Con esta inversión aumentara el inventario y las ventas. Sus planes son: convertirse en una bodega de abarrotes y abrir un taller de reparación de bicicletas ya que es una zona donde se utiliza mucho la bicicleta como medio de transporte y así podrá mejorar sus ingresos y mejorar la calidad de vida de su familia.

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
  • 55
    View loans »
    Honduras Loans Fundraising
  • $8,365,525
    Funds lent in using Kiva
  • 19.7
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped Clifton to buy basic staples to stock his store.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 11, 2012
Listed
Oct 10, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 18, 2013