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Luis Eduardo
Luis is 28 years old, married, and lives in the city of Gracias, Lempira with his wife and two children. Luis has always made a living doing carpentry work. Seven years ago he established his own workshop where he makes all kinds of furniture from all kinds of wood. He makes kitchen furniture, room dividers, dining room sets, doors, decorations, living room furniture, etc.

The loan he requested is for 15,000 lempiras and he will use it to buy primary materials for furniture making as well as a portion to remodel and expand his workshop. He will repair the floor, roof and walls in order to offer better service and work more comfortably. His plan is to continue growing his business so that he can give his children a good education.
View original language description ↓
Luis, tiene 28 años de edad, es casado, vive en la Ciudad de Gracias, Lempira junto a su esposa y sus dos hijos. Luis siempre se ha dedicado a realizar trabajos de carpintería, y hace 7 años estableció su propio taller para la fabricación de todo tipo de muebles de varias clases de madera. Elabora muebles de cocina, divisiones, juegos de comedor, puertas, adornos, muebles de sala, etc. el préstamo solicitado es por 15,000 Lempiras y lo utilizara para comprar materia prima para la elaboración de muebles y una parte va remodelar y ampliar el local, reparara el piso, techo y paredes para brindar un mejor servicio y trabajar mas cómodo. Su plan es seguir creciendo con el negocio para poder darles una buena educación a sus hijos.

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
  • 83
    View loans »
    Honduras Loans Fundraising
  • $8,816,850
    Funds lent in using Kiva
  • 19.7
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Luis Eduardo to buy primary materials like wood, lacquer, sandpaper and others for furniture making as well as to buy construction materials to remodel and expand his workshop.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 11, 2012
Listed
Oct 10, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014