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Luz Marina
Luz is 32 years old, and she lives in the village of Sarosa in the Progreso municipality. She is in a common-law marriage with her partner, Pedro. He is a bricklayer. They have been together for five years. She has four children, ages 13, 9, 3, and 9 months. All of her children, with the exception of the baby, are in school. The couple’s income supports the family of six.

Five years ago Luz established a business selling merchandise. She sells clothes, shoes, and kitchen utensils like cups, glasses, plates, and plastic washbasins in an itinerant manner. She started the business with the desire to get ahead and to support her family.

She has had three previous loans to stock her business. She notes that her life has improved in a favorable manner. One of her difficulties has been the lack of money to invest in her inventory.

Luz intends to continue increasing her sales with this loan for 15,000 lempiras. She will buy clothes, shoes, and kitchen utensils to increase her inventory and stock her business.
View original language description ↓
La señora Luz tiene 32 años de edad y vive en la aldea Sarosa, en el municipio de Progreso. Ella vive en un unión libre con su pareja, don Pedro, lo cual es albañil. Ellos llevan 5 años juntos. La señora Luz tiene 4 hijos de 13, 9, 3 años de edad y un bebe de 9 meses. Todos sus hijos, con la excepción del bebe, están estudiando. Los ingresos de la pareja se mantienen a la familia de 6.

Hace más de cinco años, Luz se puso un negocio de venta de mercadería. Ella vende de forma ambulante, ropa, zapatos, y utensilios de cocina como tazas, vasos, platos y lavamanos hechos de plástico. Empezó el negocio con el deseo de salir adelante y apoyar a su familia. Sacó tres créditos anteriores para surtir su negocio y ella nota que su vida ha mejorado de manera favorable. Una de sus dificultades ha sido la falta de capital para invertir en su inventario.

La señora Luz tiene previsto seguir aumentando sus ventas y con este crédito de L15,000, ella va a comprar ropa, zapatos y utensilios de cocina para ampliar su inventario y surtir al negocio.

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 $800 helped Luz Marina to buy clothes, shoes, and kitchen utensils.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 18, 2011
Listed
Nov 5, 2011
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2013