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Luis Alberto
Luis, age 39, is married and has four children. He lives in a community in the Masica municipality in Atlántida. Luis has been making wood furniture for eight years. He makes things like kitchen furniture, dining room furniture, wardrobes, and china cabinets, among others. He spends his entire day on his business, and he takes care of his customers.

He has decided to request a loan for 12,000 lempiras to buy raw material. He will buy different types of wood. With this loan he hopes to capitalize on his business and continue getting greater income. His goal is for his children to graduate and that his business continues growing.
View original language description ↓
Luis, tiene 39 años de edad, casado, tiene 4 hijos y vive en una comunidad que pertenece al municipio de la Masica, Atlántida. Luis lleva 8 años de dedicarse a la elaboración de muebles de madera como muebles de cocina, de comedor, closet, chineros y otros. Él le dedica todo el día a su negocio y cuida su clientela. Ha decidido solicitar un préstamo por 12,000 Lempiras para comprar materia prima como es la madera, comprara madera de diferentes clases. Con este préstamo el espera capitalizarse y continuar obteniendo mayores ganancias. Su meta es que sus hijos se gradúen y que el negocio siga creciendo.

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
  • 56
    View loans »
    Honduras Loans Fundraising
  • $8,355,975
    Funds lent in using Kiva
  • 19.8
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Luis Alberto to buy different types of wood to make furniture.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 19, 2012
Listed
Dec 26, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2014