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Francisco
Francisco, 45, is married and has two children with his wife; they live in the municipality of Azacualpa, Santa Bárbara. His only business used to bet to rent a portable jukebox for special events but more than five years ago decided to start a tire repair shop; he provides tire repair services for vehicles, motorcycles and bicycles and also sells spare parts like tires, inner tubes and others.

The loan he’s requested is for 17,000 Lempiras that he’ll use to buy used tires and inner tubes for vehicles and trucks for his business. His plan is to have both businesses debt-free and growing.
View original language description ↓
Francisco, de 45 años de edad, esta casado y tiene dos hijos con su esposa y viven en el municipio de Azacualpa, Santa Bárbara. Anteriormente solo tenia el negocio de discomóvil que alquila para eventos especiales, y hace mas de 5 años decidió por establecer el negocio de una llantera, presta el servicio de reparación de llantas para vehículos, motos y bicicletas y además vende repuestos como llantas, neumáticos y otros. El préstamo que ha solicitado es por 17,000 Lempiras con el cual va comprar repuestos como llantas usadas, neumáticos, para vehículos, y camiones para su negocio. Tiene como plan lograr tener los dos negocios libres de deudas y en crecimiento.

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
  • 82
    View loans »
    Honduras Loans Fundraising
  • $8,845,600
    Funds lent in using Kiva
  • 20.3
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Francisco to buy tires and inner tubes for vehicles, motorcycles, bicycles and trucks.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 7, 2013
Listed
Jul 5, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2014