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Jorge Enrique
Jorge, age 26, lives in the village of Cofradía. He is married to Alba, and he has two children. His daughter is five years old, and she goes to school. His son is three years old.

Jorge rents a place in Cofradía where he has a jewelry and watch store. He learned this trade together with his mother, with whom he worked for ten years. Two years ago he established his own place. He had the wish to have his own place and to increase his income. He works with his wife in the store.

In his place he buys and sells jewelry and watches, and he repairs watches and jewelry. The repairs consist of changing batteries and watchbands.

Jorge will use the loan of 20,000 lempiras to expand his services and to offer to pawn gold and silver objects.

His goal is to set up various stores in the area in order to be able to give his family a better financial future.
View original language description ↓
El señor Jorge tiene 26 años y vive en la aldea de Cofradía. Es casado y tiene dos hijos con su esposa Alba. La niña tiene 5 años de edad y ya asiste a la escuela. El niño tiene 3 años de edad.

Don Jorge alquila un local en Cofradía donde tiene una tienda de joyería y relojería. Aprendió el oficio junto a su madre, con la cual había trabajo por 10 años. Hace 2 años se puso su propio local. Tenía el deseo de contar con un negocio propio y de aumentar sus ingresos. Trabaja en la tienda junto con su esposa. En el local, Jorge vende y compra joyas y relojes y, repara relojes y alajas. La reparación se consiste en cambiar baterías y brazaletes.

Jorge va a utilizar este préstamo de L20,000 para expandir sus servicios y ofrecer el empeño de objetos de oro y plata. Don Jorge también pretende aumentar su inventario de joyas y relojes. Su meta propia es poner varias tiendas en la área para poder dar su familia un mejor futuro económico.

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
  • 27
    View loans »
    Honduras Loans Fundraising
  • $8,199,100
    Funds lent in using Kiva
  • 19.0
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,075 helped Jorge Enrique to expand his services and to start to pawn gold and silver objects.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 10, 2011
Listed
Oct 29, 2011
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2012