Don Cesar buys and sells all types of scrap metal, old vehicles in bad condition, machinery, and old equipment. He started this business 12 years ago. Cesar buys parts or vehicles in bad condition and then sells these items by the pound to factories that recycle iron, aluminum, and other metals. He previously worked as a mechanic, but the income was not enough.
Cesar is requesting a loan of 10,000 HNL so that he can buy scrap materials to sell. This will help to increase his sales and his income. His goal is to continue growing his business and consolidate it so that he can improve his quality of life. He thanks ODEF and Kiva for this opportunity to receive financing.
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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