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Geremias
Geremias, age 34, lives in a neighborhood in the rural village of Naco. He has been married to his wife, Magdalena, for over ten years. She was a merchant. Their four children are 17, 15, 11, and 8 years old. All of the children attend school. Geremias supports his family of six with the sales from his grocery store.

He started his business with the little bit of money that he saved and with some loans from ODEF. The grocery store sells basic needs products like milk, meat, eggs, rice, beans, and salt, among other things. He also offers fast food, soft drinks and hygiene products like deodorant, toothpaste, and toilet paper. Geremias works seven days a week in order to tend to his customers.

With the current loan for 22,000 lempiras Geremias will increase his inventory of these products. He hopes to grow more and to excel as a small businessman in order to give his family a healthier life. His children’s education is very important to him, and he hopes to be able to give them the best education possible.
View original language description ↓
El señor Geremias tiene 34 años de edad y vive en un barrio ubicado en la aldea rural de Naco. Lleva más de 10 años de casado con su esposa Magdalena, la cual era comerciante. Sus 4 hijos tienen 17, 15, 11 y 8 años de edad y todos están estudiando. Geremias mantiene su familia de 6 con las ventas de su pulpería.

Empezó su negocio con el poco dinero que tenía ahorrado y con unos créditos de ODEF. La pulpería vende productos de la canasta básica como leche, carne, huevo, arroz, frijol y sal entre otras cosas. También ofrece comida chatarra, refrescos y productos de higiene como desodorante, pasta de dientes y papel higiénico. Don Geremias trabaja 7 días a la semana para atender bien a su clientela.

Con el préstamo actual de L22,000, Geremias va a aumentar su inventario de estos productos. Espera crecer más y superarse como un micro-empresario para darle a su familia una vida más saludable. Le importa mucho la educación de sus hijos y espera poder darles la mejor educación posible.

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

  • $4,800
    Average annual income
  • 84
    View loans »
    Honduras Loans Fundraising
  • $8,841,950
    Funds lent in using Kiva
  • 19.0
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,175 helped Geremias to buy food and hygiene products.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 22, 2011
Listed
Oct 29, 2011
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2012