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Jose Abel
Jose Abel is 29 years old. He is married and has two children aged 8 and 6. He lives in a village in Choloma, Cortes.

Jose Abel has a workshop where he sews underwear for women, men and children. He makes all kinds of clothing, such as briefs, bikinis, bras, etc. He has had this business for the last four years. After he worked in a factory and acquired experience, he decided to establish it together with his wife. He now has seven employees who help him with producing the items. He has been able to grow by means of loans, and has the necessary equipment.

He is currently requesting a fourth loan, which he will invest in raw materials such as the Lycra fabric that he uses for making underwear, with the goal of meeting his orders and the demand that he has for his products.

His goal is to always keep an inventory of raw materials, so as to meet demand and increase his income.
View original language description ↓
Jose Abel, tiene 29 años de edad, es casado y tiene 2 hijos de 8 y 6 años de edad, vive en una aldea de Choloma, Cortes.
Jose Abel, tiene un taller donde confecciona ropa interior para damas caballeros y niños, elabora todo tipo de ropa como blúmeres, bikinis, sostenes etc. este negocio lo tiene desde hace 4 años después de que trabajo y adquirió experiencia en una maquila, él decidió establecerlo junto con su esposa, ahora cuenta con 7 empleados que le ayudan a sacar la producción de las prendas. Mediante préstamos ha logrado crecer, tiene el equipo necesario. Actualmente solicita el cuarto préstamo con el cual va invertir en materia prima, como es la tela de licra que utiliza para la elaboración de ropa interior, con el propósito de cumplir con los compromisos y la demanda que tiene de sus productos.
Su meta es mantener siempre inventario de materia prima, para solventar la demanda e incrementar los ingresos.

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
  • 78
    View loans »
    Honduras Loans Fundraising
  • $8,669,775
    Funds lent in using Kiva
  • 19.1
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,050 helped Jose Abel to purchase Lycra fabric, which he uses for sewing underwear.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 22, 2012
Listed
Apr 24, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 16, 2012