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Elvia Argentina
Elvia Argentina is 65 years old. She has three children; ages 23, 32, and 40. Two of her children live in the United States. The other child lives with her and her two grandchildren, ages six and ten. The grandchildren are in school. She is a single mother, and she lives in the village of Terencio Sierra de Tela, Atlántida.

She sells women’s and children’s clothes, shoes, perfume, creams, and women’s accessories. She has had the business in her house for five years. She previously worked as a cook in hotels, restaurants, and markets. Then, one of her children started sending her small quantities of clothes and shoes from the United States. Upon seeing that they sold, she stocked up on more products. She now has customers who order from her. She works full time on Fridays and Saturdays because those are the days that her customers have money.

She has requested a loan from ODEF to buy new clothes and perfume. She will do this in order to have more stock for her business. Her plan is to get a place to establish her business. With the help from the loans and with her earnings she will manage to have her granddaughters complete their education.
View original language description ↓
Doña Elvia Argentina, de 65 años de edad, tiene 3 hijos de 23, 32 y 40 años de edad, Dos hijos viven en los Estados Unidos y uno vive con ella y dos nietas, de 6 y 10 años de edad, quienes están estudiando en la escuela. Ella es madre soltera, vive en la aldea Terencio Sierra de Tela, Atlántida.
Su negocio es la venta de ropa clasificada para damas y niños, zapatos, perfumes, cremas y accesorios para damas. Este negocio lo tiene en su casa, desde hace 5 años. Anteriormente trabajaba como cocinera en hoteles, restaurante y mercados. Luego uno de sus hijos comenzó enviándole ropa y zapatos de los EE.UU en pequeñas cantidades y al ver que los vendía fue surtiendo de mas productos, y ya tiene sus clientes que le hacen encargos.
Le dedica tiempo completo el viernes y el sábado porque son los días en que sus clientes cuentan con dinero.
Ha solicitado un préstamo a ODEF para comprar ropa nueva y perfumes para tener más surtido el negocio.
Su plan es obtener un local para establecer este negocio con la ayuda de los financiamientos y con las ganancias lograr que sus nietas culminen sus estudios.

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
  • 82
    View loans »
    Honduras Loans Fundraising
  • $8,803,075
    Funds lent in using Kiva
  • 19.0
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Elvia Argentina to stock her business with new clothes and perfume.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 25, 2011
Listed
Nov 5, 2011
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2012