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Antonio
Antonio is 25 years old and single. He lives in a rural community in the Intibucá municipality. He worked for a tailor for six years. The tailor then sold him the business, and Antonio is now the owner.

He used to devote himself to farming, but he changed his financial activity. He has gotten better income by making clothes.

He has requested a loan for 16,000 lempiras to buy land where he is planning on building his own house. He also plans on continuing to make women’s, men’s, and children’s clothing. Antonio is very optimistic, and he plans to continue growing in his business.
View original language description ↓
El señor Antonio, tiene 25 años de edad, es soltero, reside en una comunidad rural del Municipio de Intibucá. Hace 6 años trabajaba como empleado de una sastrería, posteriormente el patrón se la vendió y en la actualidad Don Antonio es el propietario. Él anteriormente se dedicaba a la agricultura, pero cambio su actividad económica, ya que ha obtenido mejores ingresos con la confección de ropa. Él ha solicitado un préstamo por la cantidad de 16,000 lempiras para la compra de un terreno donde piensa construir su propia vivienda y continuar su actividad de confección de ropa para hombres, mujeres y niños. Don Antonio es muy optimista y piensa seguir creciendo en su 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 Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Honduras

  • $4,200
    Average annual income
  • 25
    View loans »
    Honduras Loans Fundraising
  • $8,352,300
    Funds lent in using Kiva
  • 19.1
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Antonio to buy land.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 18, 2012
Listed
Jan 26, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2012