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Luis Alonso
Luis, 59, is married and has three children living with him in a neighborhood in the municipality of Yoro. Fourteen years ago Luis decided to have his own business selling merchandise like clothes, sandals, tennis shoes, caps, school supplies, deodorant, shaving cream, talc, creams, etc., and low-cost novelties. His business is located in a stand in the municipal market. He’s decided on a 15,000 Lempira loan to buy clothes like pants and shirts and backpacks, sandals and others to have a variety of products in stock and increase profits. His goal is to have a strong business to provide better quality of life for his family and to succeed in having his own locale.
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Don Luis, tiene 59 años de edad, casado, tiene 3 hijos con quienes vive en un Barrio del municipio de Yoro. Hace 14 años que don Luis decidió por tener su propio negocio de venta de mercadería y achinería como ser ropa, sandalias, tenis, gorras, útiles escolares, desodorantes, presto barba, talcos, cremas, etc. el negocio lo tiene establecido en un local del mercado de la ciudad. Ha decidido obtener un préstamo por 15,000 Lempiras para comprar ropa como pantalones, camisas, mochilas, sandalias y otros para tener variedad de productos en el inventario y aumentar las ganancias. Su meta es mantener fuerte el negocio para darle mejor calidad de vida a su familia y lograr tener un propio local.

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
  • 41
    View loans »
    Honduras Loans Fundraising
  • $7,989,775
    Funds lent in using Kiva
  • 19.0
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Luis Alonso to buy clothes, backpacks, sandals and others.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 18, 2013
Listed
May 27, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014