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Santos
Santos, 30, is married and has two children. His wife does household chores and also helps him with the business. Santos used to be employed by an ice-cream selling firm and he then decided to start his own business. He started out selling with just a small freezer and a bicycle. Currently, Santos has a bigger freezer and three bicycles to distribute ice-cream and covers a larger sales area. He has two employees and his work day starts at 7am and ends at 6pm.

The loan Santos is asking for is needed to buy ingredients to make ice-cream and to buy a bicycle to help him cover his entire market. This loan will change Santos’ life because he’s not had enough money to buy the necessary merchandise to meet customer demand. The only problem he faces is the rainy season when sales drop. One of his goals is to open a larger ice-cream distributing center with much more productivity. This is his first FAMA loan and he intends to make his payments punctually.
View original language description ↓
Santos tiene 30 años de edad, es casado y tiene dos hijos, su esposa se dedica a los quehaceres del hogar y también es quien le ayuda en el negocio. Don Santos era empleado de una empresa de venta de helados y luego el decidió comenzar con su propio negocio, inicio vendiendo solamente con un frízer pequeño y una bicicleta, en la actualidad don Santos cuenta con un frízer mas grande y tres bicicletas para distribuir helados para lograr una mayor zona de venta, tiene dos empleados y su horario de trabajo es de 7:00 am y culmina a las 6:00 pm. El préstamo que solicita don Santos lo necesita para invertirlo en la compra de producto para producir el helado y una bicicleta para que le ayude a cubrir todo su mercado. Con este préstamo cambiaria la vida de don Santos ya que no contaba con el dinero suficiente para comprar la mercadería necesaria para poder satisfacer la demanda de sus clientes. El único problema que enfrenta es en la temporada de lluvia ya que las ventas bajan. Una de sus metas es establecer una distribuidora de helados más amplio y con mucha mayor productividad. Es su primer crédito en FAMA y espera cancelar sus cuotas de forma puntual.

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.

About Honduras

  • $4,200
    Average annual income
  • 56
    View loans »
    Honduras Loans Fundraising
  • $8,390,575
    Funds lent in using Kiva
  • 19.9
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Santos to buy a bicycle and ingredients to make ice-cream.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 21, 2012
Listed
Dec 19, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 28, 2013