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Santiago
Santiago, 39, is married and has three children; he lives in a village in San Juan Pueblo, Tela.

Six years ago he decided to have a steady source of income to support his family and since then opened a grocery store to sell basic staple items like basic grains, lard, eggs, cleaning supplies, cured meats, soft-drinks, dairy products, meat, etc.

Santiago has asked for his first, 20,000 lempira, loan to stock his store where he’s been able to increase income necessary to buy products like basic grains, dairy products and soft-drinks. All of his effort is to manage to obtain income that will allow him to give his children a good education and his family a better quality of life.
View original language description ↓
Santiago, tiene 39 años de edad, es casado, tiene 3 hijos y vive en una aldea de San Juan Pueblo, Tela.
hace 6 años se propuso tener una fuente de ingresos fijos para la manutención de su familia, desde entonces que estableció una pulpería para la venta de productos alimenticios de la canasta básica familiar como ser, granos básicos, manteca, huevos, productos de limpieza, embutidos refrescos, lácteos, carnes etc.
Santiago ha solicitado su primer préstamo de 20,000 lempiras para surtir su negocio, donde ha podido aumentar los ingresos necesarios en compra de productos como granos básicos, lácteos y refrescos. Todo su esfuerzo es para lograr obtener ingresos que le permitan darle buena educación a sus hijos y una mejor calidad 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

  • $4,200
    Average annual income
  • 58
    View loans »
    Honduras Loans Fundraising
  • $8,404,300
    Funds lent in using Kiva
  • 19.1
    Honduras Lempiras (HNL) = $1 USD
Expired
A loan of $1,050 helped Santiago to buy merchandise to stock his grocery store.
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 22, 2012
Listed
May 30, 2012
Currency Exchange Loss:
Possible
Expired:
Jun 29, 2012