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Jose Ernesto
José, 60, is married and has four children; he lives with his family in a community in Yorito, Yoro.

José used to work just in agriculture but he wanted to put into practice his metalworking skills so 25 years ago he set up a business at home where he manufactures metal silos to store basic grains, stove pipes, metal pails, oil lamps and all sorts of metalwork.

He’s asking ODEF for his sixth loan to buy raw materials like sheets of metal, tin, paint, muriatic acid, carbon and soldering irons to manufacture the silos and metalwork.

This loan will help increase inventory and to sell more. His goal is to lease an industrial machine to produce his wares more quickly and to earn more profits to give his family a better standard of living.
View original language description ↓
Jose de 60 años de edad, es casado, tiene 4 hijos y vive con su familia en una comunidad de Yorito, Yoro.
Don Jose se dedicaba solo a la agricultura, pero quería poner en práctica su habilidad de realizar trabajos de metal, hace ya 25 años decidió establecer el negocio en su casa, donde fabrica silos metálicos para almacenar granos básicos, chimeneas para hornillas, cubetas metálicas, candiles y todo tipo de hojalatería. Esta solicitando el sexto préstamo a ODEF para comprar la materia prima como lamina, estaño, pinturas, acido muriático, carbón y cautines para soldar, para la fabricación de silos y hojalatería. Con este préstamo ayudara a aumentar el inventario y vender más. Su meta es alquilar un maquina industrial para realizar mas rápido los productos y obtener más ganancias para darle mejor nivel de vida a su familia.

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
  • 72
    View loans »
    Honduras Loans Fundraising
  • $8,633,625
    Funds lent in using Kiva
  • 19.1
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Jose Ernesto to buy raw materials.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 16, 2012
Listed
May 27, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 18, 2013