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Elsa Patricia
Elsa Patricia P. O., age 45, is the single mother of two children. She lives in the San Antonio neighborhood of the municipality of La Paz. She started her business because her husband abandoned her, and she needed a source of income to raise her children. Since there are no companies in her village where she could look for a job, it occurred to her that she could buy secondhand clothing and set up a small shop in her home. In addition to this, for the past two years, Elsa has operated a food stand in the local school. Her children are longer an economic burden for her, since they are now working, but she helps them with her grandchildren because she loves them very much. Elsa is requesting the loan to buy two bales of secondhand clothing to resell, as well as some mannequins to display the clothing. With the help of the loan, her life will change in a positive way, because she will maintain her source of income and continue to support her household. Her goals are to expand her business to other nearby communities, and also to see her family more united. This is her first loan cycle with FAMA, and she plans to make her payments in a punctual manner.
View original language description ↓
Elsa Patricia P. O., tiene 45 años de edad, es madre soltera de dos hijos, y reside en el barrio San Antonio en el municipio de La Paz. Ella comenzò su negocio a raiz de que su esposo la abandono y para criar a sus hijos necesitaba una fuente de ingresos y como en el pueblo no hay empresas donde solicitar un empleo, se le ocurrio que podia comprar ropa de segunda mano y poner un pequeña venta en su domicilio. Ademas de eso, hace dos años Elsa tiene una venta de comida en la escuela local. Sus hijos ya no representan una carga economica para ella pues trabajan pero si les ayuda con sus nietos porque los ama mucho. Elsa solicita el prestamo para comprar dos fardos de ropa de segunda mano para revenderla y uno maniquis para poder exhibirla. Con el apoyo del prestamo su vida cambiara de manera positiva porque mantendra su entrada de dinero y podra seguir sosteniendo su hogar. Su meta es poder expandir su negocio a otras comunidades cercanas y que su familia este mas unida. Es su primer ciclo en FAMA y espera poder cumplir con el pago de sus cuotas de manera puntual.

Additional Information

About FAMA:

Honduras is one of the poorest countries in the Western Hemisphere with approximately 59% of people living below the poverty line. Familia y Medio Ambiente OPDF (FAMA OPDF) is a Honduran non-profit with no religious or political affiliation. FAMA’s mission is to provide quality and opportune financial services so that men and women have equal opportunities to develop their micro or small businesses, whether they focus on agriculture, manufacturing or services. FAMA operates 13 branches throughout Honduras and serves over 12,500 clients.

About Honduras

  • $4,200
    Average annual income
  • 11
    View loans »
    Honduras Loans Fundraising
  • $8,478,300
    Funds lent in using Kiva
  • 18.9
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Elsa Patricia buying two bales of secondhand clothing.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 20, 2010
Listed
Jan 20, 2011
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2011