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Eduardo
Eduardo is 35 years old and lives in the Omoa municipality. He lives with his life partner, Brenda, and his two year old son. Eduardo’s parents also live with him. In order to support the five of them Eduardo has to work very hard.

For ten years Eduardo has been selling jewelry on the sidewalk by the supermarket. That is where he sells a great variety of merchandise like wallets, bracelets, hair accessories, make-up, nail polish, and earrings, among other things. He decided to establish this business because he saw that it was very profitable.

Through the years he has made his business grow through his good administration. One of the difficulties that Eduardo faces in his business is the high frequency of robbery.

With this loan for 21,000 lempiras Eduardo will buy more merchandise to increase his inventory and maximize his earnings. He is going to start showing his merchandise in a new, fixed location at a local fair in Puerto Cortés. That is where he will be able to sell his merchandise with more ease and with greater security.
View original language description ↓
Don Eduardo tiene 35 años de edad y vive en el municipio de Omoa junto con su pareja Brenda y su hijo de dos años de edad. Los padres de Eduardo también viven con él y para mantener a los 5, Don Eduardo tiene que trabajar muy duro.

Eduardo tiene 10 años de vender bisutería en la acera de un supermercado. Allí vende una gran variedad de mercadería como carteras, pulseras, colas, maquillajes, esmalte de uñas y aretes entre otras cosas. Él decidió poner este negocio porque vio que era muy rentable. A través de los años, ha hecho crecer el negocio con la buena administración. Una de las dificultades que enfrenta Don Eduardo en su negocio es la alta frecuencia del robo.

Con este préstamo de 21,000 Lempiras, Don Eduardo pretende comprar más mercadería para ampliar su inventario y maximizar sus ganancias. Va a estrenar la mercadería en el nuevo puesto fijo que consiguió en una feria local en Puerto Cortés. Allí va a poder vender su mercadería con más facilidad y de forma más segura.

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
  • 18
    View loans »
    Honduras Loans Fundraising
  • $8,225,225
    Funds lent in using Kiva
  • 19.0
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,125 helped Eduardo to buy merchandise like make-up, wallets, and bracelets.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 26, 2011
Listed
Oct 27, 2011
Currency Exchange Loss:
Covered
Ended:
Aug 16, 2012