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Teresa
Teresa, 55, has been farming for 30 years. She has 7 children between the ages of 15 and 36. She’s been married for 35 years and lives in Monquecagua, Intibucá. She grows potatoes, corn and beans and also earns money from an additional occupation: she raises chickens. Farming is one of this community’s main sources of income.

She has managed to improve production with loans requested from ODEF. This loan for 11,000.00 is the fourth one and it’s to buy potato seeds, manure and to pay crop maintenance costs.

Teresa is a member of the “Primero de Mayo” (May First) communal bank which has three other members. Her plan and her sacrifice are to continue improving and expanding production to have a better standard of living.
View original language description ↓
Doña Teresa de 55 años de edad trabaja en agricultura desde hace 30 años, tiene 7 hijos entre 15 a 36 años de edad, casada desde hace 35 años, vive en Monquecagua, Intibucá.
Ella cultiva papa, maíz, frijoles y también realiza otra actividad donde obtiene otros ingresos como la cría de gallinas. Esta actividad agrícola es una de las principales fuentes de ingresos de esa comunidad.
Ha logrado mejorar la producción con los préstamos que ha solicitado a ODEF, este préstamo de 11,000.00 es el cuarto préstamo y es para invertirlo en compra de semillas de papa, abonos y gastos de mantenimiento de sus cultivos.
Doña Teresa es miembro del grupo solidario Primero de Mayo, el cual esta formado por 3 miembros mas.
Su plan y su sacrificio es seguir mejorando y ampliando la producción, para tener un mejor nivel de vida.

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
  • 94
    View loans »
    Honduras Loans Fundraising
  • $8,680,050
    Funds lent in using Kiva
  • 19.0
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Teresa to buy potato seeds, manure and to pay crop maintenance costs.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Dec 6, 2011
Listed
Jan 8, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2012