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Jose Carmen
José, 39, lives in La Puerta, a village in the town of Belén. He’s been married to María who is a housewife for 12 years. The couple has two children who are 12 and 9 years old and going to school.

José used to be a farmer; he grew basic grains like beans. Two years ago with his own efforts he started a business manufacturing roofing tiles and mud and clay bricks. He decided to change occupations because he saw that this type of business was very profitable. Today, José has two employees in the business that help him extract the material and manufacture the product. The employees have been working for him for a year.

He requested this loan (his fourth with ODEF) to pay his two employees’ salaries so that he can keep his team together, manufacture more product to sell and increase the business’ income.
View original language description ↓
El señor Jose tiene 39 años de edad y vive en La Puerta, una aldea del municipio de Belen. Tiene 12 años de casado con su esposa Maria, la cual es ama de casa. La pareja tiene dos hijos de 12 y 9 años, los cuales están estudiando.

Jose era agricultor y cultivaba granos básicos como frijol. Hace dos años, con esfuerzos propios, Jose empezó un negocio para la elaboración de teja y ladrillo de barro y arcilla. Decidió cambiar oficio porque veía que este tipo de negocio era muy rentable. Hoy en día Jose tiene dos empleados en el negocio que le ayuden en la extracción de material y en la elaboración del producto. Los empleados tienen un año de estar trabajando con él.

Solicitó este crédito (su cuarto con ODEF) para pagar los salarios de sus dos empleados. Así, podrá retener su equipo y juntos, elaborar más producto para la venta y así aumentar los ingresos del 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

  • $4,200
    Average annual income
  • 37
    View loans »
    Honduras Loans Fundraising
  • $7,989,275
    Funds lent in using Kiva
  • 18.9
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Jose Carmen to pay two employees' salaries.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 11, 2011
Listed
Dec 1, 2011
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2012