A loan of $775 helped buy materials like sponge and cloth to make bed mats to sell.


Alexander Ivan's story

Alexander is 30 years old, married, and has a son. He lives in the city of Choloma in Cortes province. Alexander has dedicated himself to making beds, doors, wardrobes, kitchen furniture, wooden furniture, and other items. He uses colored woods for his products. In addition to making furniture, he also makes bed mats and sells them. His intent is to augment his income. Alexander has had 3 loans with ODEF, and they helped him greatly in expanding his business. Now he is requesting a loan of 15,000 lempiras, his 4th. Alexander needs to purchase materials like sponge and cloth to make bed mats. His proposition is to increase his inventory and to improve his income. Alexander's goal is to have the necessary capital in the future to offer his son an education and economic stability.

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Translated from Spanish by Kiva volunteer Harold Dana Sims, PhD



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