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Oscar Ivan
Oscar is 24 years old, single, and doesn't have any children. He lives in Patuca community, in Olancho. Oscar learned this business from his dad as his family grow coffee. His dad has supported him a lot in teaching him the business and helping him to set up his own plantation. Oscar started growing crops on his own plantation eight years ago. He carries out his work every day. He works alone and, at harvest time, he employs people to gather in the coffee as there is a lot of work and he can't do it all on his own. One of the advantages he has is that he is able to sell his produce for a good price. The disadvantage he has is that he is only able to harvest his crops once a year. However, even so, the business is profitable.

Oscar needs this loan to invest in buying fertilizers for his crops. With the help of this loan, he will be able to improve his plantation. This means that he will enjoy a more bountiful harvest and be in a better position. Oscar's dream is to grow his business and become one of the biggest producers in the area. This is his first loan from FAMA and he hopes to make his repayments punctually.
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Oscar tiene 24 años de edad, es soltero y no tiene hijos, el reside en la comunidad de patuca, Olancho. Oscar aprendió el negocio de su papa siendo que su familia se dedica a la siembra y cultivo de café, su papa le ha apoyado mucho para que el aprendiera del oficio y lograra implementar su propia finca, por lo que desde hace 8 años comenzó a sembrar su propia finca, el trabajo lo realiza a diario, el trabajo lo realiza solo y cuando es temporada de cosecha tiene empleados para recolectar el café ya que el trabajo es abundante y no lo podría hacer solo. Una de las ventajas que tiene es que vende a un buen precio el producto y la desventaja es porque la cosecha solo se da una vez al año y aun así el negocio resulta rentable. El préstamo que Oscar solicita lo necesita para invertirlo en la compra de fertilizantes para el cultivo. Con la ayuda de este préstamo el podrá mejorar su finca y de este modo su cosecha será mayor y estará en mejores condiciones. El sueño de Oscar es que su negocio crezca y poder convertirse en uno de los productores más grandes de la zona. Este es su primer financiamiento en FAMA y espera cumplir con sus cuotas puntualmente

Additional Information

About FAMA:

Honduras is one of the poorest countries in the Western Hemisphere with approximately 59% of people living below the poverty line. Familia y Medio Ambiente OPDF (FAMA OPDF) is a Honduran non-profit with no religious or political affiliation. FAMA’s mission is to provide quality and opportune financial services so that men and women have equal opportunities to develop their micro or small businesses, whether they focus on agriculture, manufacturing or services. FAMA operates 13 branches throughout Honduras and serves over 12,500 clients.

About Honduras

  • $4,800
    Average annual income
  • 84
    View loans »
    Honduras Loans Fundraising
  • $8,841,950
    Funds lent in using Kiva
  • 19.1
    Honduras Lempiras (HNL) = $1 USD