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El Agricultor De La Esperanza Group
In this Group: Jose Antonio, Santos , Marvin David, Merlins Mauricio, Felipe, Andres , Jose Elivardo, Teodoro*
* not pictured
Felipe, 44, is married and has five children; he lives in the municipality of Nueva Frontera, Santa Bárbara with his wife and three of his children.

He lives in a zone that’s apt for agriculture which is why he’s spent his entire life in this activity. But he’s worked for himself for the last 15 years. He grows coffee and also corn and beans. He sells his products in the local market.

He’s asking for a 7,000 Lempira loan to provide good care to his coffee and basic grains. He will buy fertilizer and pay labor costs to do the weeding. His goal is to acquire more land to expand the coffee farm and increase production and income.

He’s asking for a group loan and the group is called “El Agricultor de la Esperanza” (Farmer of Hope) which has 8 members who all live in the same community and work in agriculture. In the photo they are identified thus: From the left it’s José Antonio, Santos, Marvin, Merlins, Felipe, Andrés and José Elivardo on the right. Teodoro does not appear in the photo. The group loan total is 48,000 Lempiras and this is their first loan.
View original language description ↓
Felipe, tiene 44 años de edad, es casado, tiene 5 hijos y vive en el municipio de Nueva Frontera Santa Bárbara con su esposa y tres hijos.
El vive en una zona apta para cultivos agrícolas, por eso toda su vida se ha dedicado a realizar esa actividad, pero hace 15 años trabaja en lo propio, tiene una finca de café y cultivos de maíz y frijoles. Esta producción la vende en el mercado local. Esta solicitando un préstamo por 7,000 Lempiras para darle un buen mantenimiento a la finca de café y granos básicos, comprara fertilizantes y pago de mano de obra en limpieza de la misma. Su meta es adquirir más terrenos para ampliar la finca de café y aumentar la producción y sus ingresos.
Este préstamo lo solicita en forma de grupo el cual se llama El Agricultor de la Esperanza, que está formado por 8 miembros, que viven en la misma comunidad y se dedican a la agricultura. Según la fotografía se identifican así: de izquierda esta Jose Antonio, Santos, Marvin, Merlins, Felipe, Andres y Jose Elivardo a la derecha, el Sr. Teodoro no salió en la foto, el préstamo grupal suman 48,000 lempiras y es su primer préstamo.

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.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Honduras

  • $4,200
    Average annual income
  • 23
    View loans »
    Honduras Loans Fundraising
  • $8,199,100
    Funds lent in using Kiva
  • 19.5
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A portion of El Agricultor De La Esperanza Group's $2,475 loan helped a member to buy farm supplies and to pay labor costs.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jul 27, 2012
Listed
Aug 24, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 27, 2013