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Elba Esperanza
Elba Esperanza, age 58, is single because she is a widow. She has two children, and she lives in a neighborhood in the Cofradia Cortes municipality.

Elba has had a grocery store for ten years. It is through this business that she has been able to get ahead. She sells staples like flour, lard, beans, instant corn flour, rice, dairy products, sausages, and soft drinks, etc. She also sells general grocery items like toilet paper, sanitary napkins, children’s disposable diapers, toothpaste, medicine, and herbs and spices, etc.

She says that these products are in great demand in the business because they are basic needs items for the home. Her business is profitable. Therefore, she has managed to, little by little, keep it stable with the loans she has received from the institution.

She is now requesting her seventh loan in the amount of 21,000 lempiras. She will use the loan to buy more products like basic grains, flour, lard, beans, instant corn flour, rice, dairy products, and sausages, etc. She will also buy general grocery store products. With this investment she hopes to improve her sales even more. She also plans to be financially better off in order to continue being punctual making her payments for the loan from ODEF.

Her goal is to work hard in order to convert her grocery store into a grocery warehouse where she will be able to sell wholesale.
View original language description ↓
Elba Esperanza tiene 58 años de edad, es soltera por viudez, tiene 2 hijos y vive en una colonia de el Municipio de Cofradía Cortes.

Doña Elba tiene desde hace 10 años un negocio de pulpería. Con este negocio ella ha podido salir adelante. Vende productos de la canasta básica como harina, manteca, frijoles, maseca, arroz, lácteos, embutidos, refrescos etc., y también productos de abarrotería, como papel higiénico, toallas sanitarias, pañales desechables de niño, pasta dental, jabón, medicinas, condimentos etc. Ella dice que estos productos tienen mayor demanda en el negocio ya que son de primera necesidad en el hogar. Su negocio es rentable y por lo tanto ha logrado poco a poco mantenerlo estable, con los financiamientos que ha recibido de la Institución.

Ahora solicita su Séptimo préstamo de 21,000 lempiras para invertir en comprar mas productos como granos básicos harina, manteca, frijoles, maseca, arroz, lácteos, embutidos, etc. y productos de abarrotería. Con esta inversión espera mejorar aun más sus ventas y estar mejor económicamente para seguir siendo puntual pagando los prestamos a Odef.

Su meta es trabajar mucho para llegar a convertir su pulperia en una bodega de abarrotería en donde pueda vender por mayoreo.

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
  • 21
    View loans »
    Honduras Loans Fundraising
  • $8,492,900
    Funds lent in using Kiva
  • 19.1
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,125 helped Elba Esperanza to buy staples like basic grains, flour, lard, beans, instant corn flour, rice, dairy products, and sausages, etc. She will also buy general grocery store products.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 4, 2012
Listed
May 23, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 16, 2012