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Manuel Antonio
Manuel, age 42, is married and has three children. He lives in the Potrerillos municipality in Villanueva, Cortes.

Manuel worked for several years at a factory business. He was later left without employment. Five years ago he decided to establish his own business, a grocery store, which he runs together with his wife. He sells basic grains, sugar, flour, coffee, salt, shortening, bread, eggs, soft drinks, juice, mops, bananas, and vegetables.

Manuel also has his soldering shop where he generates other income.

The loan he is requesting is his first cycle, and he will use it to better stock his grocery store. He will do this in order to be able to offer his customers more variety and so that they find everything they need in one place.

His goal is to get more income in order to give his children a good education and to maintain a good credit history with the institution. He wants to do this in order to continue investing and growing with his business.
View original language description ↓
Manuel tiene 42 años de edad, es casado y tiene 3 hijos con su esposa y vive en el municipio de Potrerillos, Villanueva, Cortes.
Don Manuel trabajo por varios años en una empresa maquiladora y luego quedo sin empleo, pues hace cinco años que decidió establecer su propio negocio de pulpería que administra juntamente con su esposa, vende granos básicos, azúcar, harina, café, sal, manteca, pan, huevos, refrescos, jugos, trapeadores, plátanos y verduras. Manuel tiene también su taller de soldadura donde genera otros ingresos. El préstamo que solicita es su primer ciclo y lo va invertir en surtir más la pulpería para poder ofrecer más variedad a sus clientes y que encuentren todo lo que necesitan en un solo lugar. Su meta es obtener más ingresos para darles una buena educación a sus hijos y mantener un buen record crediticio con la institución para continuar invirtiendo y creciendo con su negocio.

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
  • 22
    View loans »
    Honduras Loans Fundraising
  • $8,225,225
    Funds lent in using Kiva
  • 19.7
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Manuel Antonio to buy basic grains, sugar, flour, eggs, meat, dairy products, churros, soft drinks, bread, coffee, salt, and others to stock his business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 13, 2012
Listed
Nov 7, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 18, 2013