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Julio Alfonso
Julio, 64, is single and lives with his youngest son in the city of San Pedro Sula. He has always been a merchant, and, for the past 10 years, he has sold recycled materials. He buys newspaper, paper, cardboard and plastics to sell to recycling plants.

He has taken out loans to sustain his business. He is in his fourth loan cycle and has applied for a loan of 9,000 lempiras to buy materials to recycle and sell, to buy spare parts, and to repair his motorcycle. His goal is to earn more, sustain his business, and improve his standard of living.
View original language description ↓
Don julio, tiene 64 años de edad, es soltero, vive con un hijo menor en el municipio de San Pedro Sula. Siempre se ha dedicado al comercio, lleva 10 años de dedicarse a vende materiales para reciclar. El compra periódicos viejos, papel, cartones, plásticos y los vende en las fábricas de reciclaje. Ha mantenido esta actividad mediante la inversión de préstamos, actualmente ha solicitado el cuarto ciclo que es por 9,000 Lempiras con el cual va comprar mas materiales y revenderlos, también va comprar repuestos para reparar su motocicleta. El propósito de generar mas ingresos y mantener el negocio para mejorar la calidad de vida.

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.

Tags

About Honduras

  • $4,800
    Average annual income
  • 72
    View loans »
    Honduras Loans Fundraising
  • $8,633,625
    Funds lent in using Kiva
  • 20.4
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Julio Alfonso to buy materials to recycle and sell, to buy spare parts, and to repair his motorcycle.
100% repaid
Repayment Term
16 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 11, 2013
Listed
Oct 7, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 18, 2014