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Hugo Adalberto
Hugo is 46 years old. He is married and has three children. He lives in the town of Gracias, Lempira. For six years he has been selling construction material such as sand, gravel, select materials, and other items. He delivers materials according to orders and he transports them in a dump truck. The loan that he is applying for is for 20,000 Lempiras, and he is going to invest it in the purchase of a part (a piston) for his dump truck. He expects to repair the vehicle to offer better service to his customers. His goal is to be able to save to give the necessities to his children.
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Hugo, tiene 46 años de edad, esta casado, tiene tres hijos y vive en el municipio de Gracias, Lempira. Hace 6 años que se dedica a la venta de materiales de construcción como ser arena, graba, material selecto y otros. Esta actividad la realiza según pedidos y los transporta en una volqueta. El préstamo que solicita es por 20,000 Lempiras y lo va invertir en la compra de un repuesto (pistón) para su volqueta. El espera reparar el vehículo de trabajo para prestar mejor servicio al cliente. Su meta es poder ahorrar para darles lo necesario a sus hijos.

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

  • $4,200
    Average annual income
  • 30
    View loans »
    Honduras Loans Fundraising
  • $8,146,250
    Funds lent in using Kiva
  • 20.5
    Honduras Lempiras (HNL) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $975 helped Hugo Adalberto to buy a part (a piston) to repair his dump truck.
75% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 17, 2013
Listed
Nov 22, 2013
Currency Exchange Loss:
Possible