Jose is 28 years old and resides in Cofradía. He's been in a committed relationship for eight years and has a nine year old daughter. His wife Nelly works in a factory in the area.
Jose and his wife both contribute their incomes to cover household expenses.
Jose used to work in a grocery store, but about eight months ago he decided to open his own pulpería. His sister, who is also a merchant, inspired him to do so. He used his savings to get the shop up and running and has continued investing his profits into the store. Jose offers a variety of products that you would likely find in any corner store. He sells everything from rice, baked goods like semitas and magdalenas, lard, canned vegetables, toilet paper, spices, cleaning products, meat, and candy. He attends clients from seven AM to eight PM daily.
Jose plans to use this 8000 Lempira (HNL) loan to increase his inventory and purchase dairy products and other groceries. His goal is to grow his business and offer his clients a greater variety of products.
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.