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Los Tres Amigos Group
In this Group: Roman, Samuel Edgardo, Francisco Orlando
Don Román is a member of the Los Tres Amigos ("the three friends") solidarity group. He is 61, married, and has six children. His wife does the housework. Theirs is a responsible and hard-working family. He learned his business at a young age working in a clothing store. After some time, he decided to open his own underwear store. He began acquiring experience and also started to sell bundles of used clothing, wholesale and retail. He now sells underwear and bundles of clothing. He has had this business for 40 years. He works with his daughter; she runs the business while he goes out to distribute stock to the stores. The store opens at 7:00 am and closes at 5:00 pm. The only disadvantage is having to pay the rent on his storefront.
This loan will allow him to draw in more customers and to keep having a business to cover his costs. His dream is to have his own storefront and to stock his business well. This is his third loan from FAMA, and he has payed off his quotas punctually so far.
View original language description ↓
Don Román es miembro del Grupo Solidario Los Tres Amigos, tiene 61 años de edad, es casado y tiene seis hijos, su esposa se dedica a los quehaceres del hogar, es una familia responsable y trabajadora. El negocio lo aprendió desde muy pequeño cuando trabajo en una tienda vendiendo ropa, después de un tiempo decidió poner su propia tienda de venta de ropa interior, luego fue adquiriendo experiencia y se dispuso a vender también fardos de ropa usada al por mayor y menor, actualmente se dedica a la venta de fardos y ropa interior. Desde hace 40 años se dedica a este negocio, el trabaja en conjunto con su hija, ella es quien le administra el negocio mientras don Román sale a repartir el producto a las tiendas, su horario de atención inicia por las mañanas de 7:00 a.m. y culmina como a las 5:00 p.m. La única desventaja es porque tiene que pagar alquiler de local. Don Román gracias a Dios es una persona sana, muy jovial, amable y muy conocida por sus vecinos. El solicita este préstamo para comprar ropa interior nueva. Con el apoyo de este préstamo podrá llamar la atención de más clientes y seguirá teniendo una actividad económica que le permita cubrir sus gastos. Su sueño es tener su local propio y surtir bien su negocio. Este es el tercer financiamiento que obtiene don Román en FAMA y hasta el momento ha cumplido puntualmente con el pago de sus cuotas.

Additional Information

About FAMA:

Honduras is one of the poorest countries in the Western Hemisphere with approximately 59% of people living below the poverty line. Familia y Medio Ambiente OPDF (FAMA OPDF) is a Honduran non-profit with no religious or political affiliation. FAMA’s mission is to provide quality and opportune financial services so that men and women have equal opportunities to develop their micro or small businesses, whether they focus on agriculture, manufacturing or services. FAMA operates 13 branches throughout Honduras and serves over 12,500 clients.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Honduras

  • $4,200
    Average annual income
  • 18
    View loans »
    Honduras Loans Fundraising
  • $8,225,225
    Funds lent in using Kiva
  • 19.8
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A portion of Los Tres Amigos Group's $1,675 loan helped a member to buy underwear.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 19, 2012
Listed
Nov 19, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 28, 2013