Check out some available loans that are similar to this one!
Osman Rodolfo
Osman Rodolfo, age 29, has been married for two years and has a one year old son. He lives in the Llanos de La Virgen neighborhood of Intibucá, Intibucá.

Osman previously worked in a TIGO store, but his income was very low. He decided it would be better to establish his own business selling second-hand American cloths. He started four years ago, and he currently has two business locations. His wife helps him tend to them. He takes care of customers from eight in the morning until five thirty in the afternoon.

His business is profitable in the zone because new clothes are very expensive. People prefer used clothes because they are cheaper. He buys the bundles and sorts them. His family sold this product, and he saw that it was profitable. He decided to have his own business in order to grow financially.

He will use the requested loan to buy bundles of clothes to stock up on and to increase his sales. He will save his earnings in order to build his house.
View original language description ↓
Osman Rodolfo, de 29 años de edad, casado desde hace dos años, tiene un hijo de un año de edad, vive en el Barrio llanos de la Virgen de Intibucá, Intibucá.

Osman anteriormente trabajo en una tienda de TIGO, pero sus ingresos eran bajos y decidió mejor establecer su propio negocio de venta de ropa americana de segunda, hace 4 años que inicio y actualmente tiene dos locales de negocio, para atenderlos le apoya su esposa, atiende a los clientes desde las 8 de la mañana hasta las 5 y media de la tarde.
Es un negocio rentable en la zona ya que la ropa nueva es muy cara y la gente prefiere usar ropa de segunda por barata. El compra los fardos y la clasifica. Su familia vendía este producto y miro que es rentable pues decidió tener su propio negocio para crecer económicamente. Con el préstamo que solicita va comprar fardos de ropa para surtir e incrementar sus ventas.
Con las ganancias va ahorrar para construir su casa.

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
  • 25
    View loans »
    Honduras Loans Fundraising
  • $8,349,700
    Funds lent in using Kiva
  • 19.0
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Osman Rodolfo to buy bundles of used clothes to stock his business.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 20, 2011
Listed
Jan 21, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2012