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Teodoro
Teodoro, 35, lives in the municipality of Negrito in the department of Yoro with his wife and their 3 children. He has worked as a cabinetmaker, but 3 years ago he started up a business selling general merchandise from his home. He sells all types of merchandise, including: sandals, traditional woven belts, CDs, vases, decorative hair pins, pony-tail holders, plastic products, chargers, remote controls, etc. He is requesting a loan for 20,100 Honduran lempiras to buy underwear, sandals, TV remotes, cellular phone chargers and other products. He wants to stock up his store, and by purchasing at wholesale he saves on transportation costs. His goal is to always have a source of income to support his family, and to provide a good education to his children.
View original language description ↓
Teodoro de 35 años de edad, vive en el municipio del Negrito, Yoro junto a su esposa y sus 3 hijos. El se ha dedicado a la ebanistería, pero hace 3 años estableció en su casa un negocio de venta de variedades, todo tipo de mercadería como ser: sandalias, fajas, CD, floreros, ganchos, colas para cabello, productos plásticos, cargadores, controles, etc. el está solicitando un préstamo por 20,100 Lempiras para comprar ropa interior, sandalias, controles de Tv y cargadores de celular, y otra achinería. El quiere tener surtido el negocio, pues comprando al por mayor se ahorra gastos de transporte. Su meta es tener siempre una fuente de ingresos para mantener a su familia y brindarles buena educación a sus hijos.

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
  • 22
    View loans »
    Honduras Loans Fundraising
  • $8,349,000
    Funds lent in using Kiva
  • 19.5
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,050 helped Teodoro to buy underwear, sandals, hair accessories, CDs, TV remotes and chargers to stock up his store.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 25, 2012
Listed
Aug 24, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 18, 2013