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Nestor Adan
Néstor, 21, is single and lives with his younger brother in the municipality of Tela, Atlántida. He has been in the auto repair business (specializing in the electrical area) for four years. His workshop is set up at home where he offers general repair services such as installation of radio equipment and electrical systems in automobiles.

He is requesting a loan in the amount of 15,000 HNL to buy tools and materials such as electrodes, keys, lubricants, cables, etc. for his business. The loan will help expand his business and improve customer service. His goal is to buy a house, help his family economically and consolidate his business by selling spare parts as well.
View original language description ↓
Néstor, tiene 21 años de edad, esta soltero y vive con su hermano menor en el municipio de Tela, Atlántida. Hace 4 años realiza la actividad de mecánica automotriz (especializado en el área eléctrica) como su propio negocio. El taller funciona en su casa y presta el servicio de reparación en general, instalación de radios y sistema eléctrico de vehículos. El préstamo que solicito es por 15,000 Lempiras y lo utilizara para la compra de herramientas y materiales necesarios para el desarrollo del negocio como ser electrodos, llaves, grasas, cables, etc.
Este préstamo le ayudara a que crezca el negocio y mejorar los servicios para los clientes. Su meta es comprar una casa, poder ayudar a su familia económicamente y sistematizar su negocio con la venta de repuestos también.

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
  • 55
    View loans »
    Honduras Loans Fundraising
  • $8,013,150
    Funds lent in using Kiva
  • 20.4
    Honduras Lempiras (HNL) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $750 helped Nestor Adan to buy tools and materials such as electrodes, keys, lubricants, cables, etc. for his business.
92% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 15, 2013
Listed
Sep 10, 2013
Currency Exchange Loss:
Possible