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Maynor Francisco
Maynor Francisco, 18, is married and lives in the Municipality of Morazán, Yoro. Maynor is an enterprising young man who is a farmer, specifically growing rice. He became independent three years ago with the objective of creating his own assets. He gained experience through his father. He has a manzana [Central American unit of land measurement] planted that he sells to mills in the city since it’s a product of fine quality and the earnings he earns through the sale are profitable.

With the 6000 lempira loan he’s asking for he will buy fertilizer, supplies and pay labor costs to do required crop tasks in order to product a good harvest and continue selling to the mills obtaining better profit margins. In the future, he’s planning to increase his harvest and always provide complete maintenance to his crops.
View original language description ↓
Maynor Francisco tiene 18 años de edad, esta casado y vive en el Municipio de Morazán, Yoro.
Maynor es un joven muy emprendedor que se dedica a la agricultura específicamente al cultivo de arroz. Se independizo hace 3 años con el objetivo de hacer bienes propios. Obteniendo la experiencia por medio de su padre. Tiene cultivada 1 manzana de arroz que comercializa en los molinos de la ciudad ya que es un producto de primera calidad y las ganancias que el obtiene de la venta son rentables.
Con el financiamiento de 6,000 lempiras que solicita lo invertirá en la compra de fertilizante, insumos y mano de obra que el cultivo requiera. Para sacar un buena cosecha y seguir vendiendo a los molinos obteniendo mejor porcentaje de ganancias.
Para el futuro el piensa aumentar su cosecha, y brindar siempre el mantenimiento completo a sus cultivos.

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
  • 89
    View loans »
    Honduras Loans Fundraising
  • $8,673,875
    Funds lent in using Kiva
  • 19.1
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Maynor Francisco to buy fertilizer, supplies and to pay labor costs for crop maintenance.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 23, 2012
Listed
Mar 24, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 16, 2012