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Miguel Angel
Miguel, 45, is married and has two children who are 13 and 15 years old; he lives in the community of Cuyamel, Omoa Municipality.


Miguel works as a day laborer on a local hacienda and is also a farmer producing manioc. He is asking for a 3000 Lempiras loan to buy supplies to provide required maintenance to his crop.


This is the second loan with the Institution and he believes that he and his family have started to live with better economic solvency. He hopes to save his profits to use later to build his own house.
View original language description ↓
El señor Miguel tiene 45 años de edad, esta casado, tiene 2 hijos de las edades 13 y 15 años, reside en la comunidad de Cuyamel, Municipio de Omoa.
Don Miguel trabaja como jornalero en una hacienda de su comunidad y además es agricultor, dedicándose a la producción del cultivo de yuca (mandioca).
Actualmente ha solicitado un crédito de 3000 Lempiras para la compra de insumos y de esta manera brindar el mantenimiento requerido por el cultivo.
Este es su segundo crédito con la Institución y considera que ha empezado a vivir con su familia en mayor solvencia económica, él espera ahorrar sus ganancias para luego invertir en la construcción de su propia vivienda.

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
  • 26
    View loans »
    Honduras Loans Fundraising
  • $8,153,025
    Funds lent in using Kiva
  • 19.1
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A loan of $175 helped Miguel Angel to buy farm supplies.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 3, 2012
Listed
Jan 25, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2012