For the past six years, Doña Margarita has been selling basic household products and groceries such as rice, beans, sugar, lard, cornmeal, chicken, medicines, and cleaning products. She started out selling food on a small scale, but as time passed, she invested her earnings in the growth of her business.
Margarita is currently requesting a loan in the amount of 20,000 HNL to restock her store and meet the food demands of her customers. She hopes to see an improvement in her earnings, so for this reason, she continues to work every day.
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.
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