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Marvin Alexander
Marvin, 29, is married and has a child. He lives in the municipality of San Marcos, in the department of Santa Bárbara. Marvin used to work as a day worker for a sugar company, later he worked in the United States for a number of years. He returned to Honduras with his family a year ago and started up his own grocery store business. He operates the business with his wife, and they sell staple consumer products such as: basic grains, meat, chips, butter, eggs, dairy products, sugar, flour, condiments, vegetables, drinks, cleaning products and other groceries.

Marvin is requesting a loan for 10,000 Honduran lempiras to buy meat and canned goods to sell in his business. His goal is to grow the business into the biggest grocery store in the community, and from the earnings give his child an education and buy some land.
View original language description ↓
Marvin tiene 29 años de edad, casado, tiene un hijo y vive en el municipio de San Marcos, Santa Bárbara. Marvin realizaba trabajos de jornal en una compañía azucarera, luego trabajo varios años en Estados Unidos y regreso con su familia hace un año y estableció su propio negocio de pulpería, la cual es administrada por él y su esposa. Vende productos de la canasta básica familiar, como granos básicos, carnes, churros, manteca, huevos, lácteos, azúcar, harina, condimentos, verduras, refrescos, productos de aseo y otros abarrotes. El ha decidido solicitar un préstamo por 10,000 Lempiras para comprar carnes y productos enlatados para vender en su negocio. Tiene como meta hacer crecer más su negocio y ser la pulpería más grande de la comunidad, y de las ganancias darle la educación a su hijo y lograr la compra de un terreno.

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
  • 97
    View loans »
    Honduras Loans Fundraising
  • $8,686,950
    Funds lent in using Kiva
  • 19.8
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Marvin Alexander to buy food products such as meat and canned goods to stock his business.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 15, 2012
Listed
Nov 26, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 19, 2013