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Efrain
Efrain is 48 years old. He is married, has five children, and lives in the town of Morazan, Yoro department. Efrain has been a farmer, but four years ago, decided to have his own business, in order to earn the income necessary to support his family.

He has two businesses: one is that he buys fruit and vegetables and sells them as a travelling vendor in his truck, and the other is that he set up a small general store to sell basic household products, such as sugar, rice, bread, beans, corn, coffee, groceries, dairy products, etc. His wife and children run the store.

He has decided to request a loan of 15,000 lempiras, in order to buy seasonal fruit and vegetables to sell, and use another part to stock his store business with food products.

He hopes that this investment helps him increase sales and to always have working capital set aside. His goal is to improve his quality of life.
View original language description ↓
Efrain, tiene 48 años de edad, está casado, tiene 5 hijos y vive en el municipio de Morazan, Yoro. Efrain se ha dedicado a la agricultura pero hace 4 años decidió tener su propio negocio para obtener los ingresos necesarios para sostener a su familia. el realiza dos actividades una es que compra frutas y verduras y las vende de manera ambulante en su vehículo, y la otra es que estableció una pulpería para vender productos de la canasta básica como azúcar, arroz, pan, frijoles, maíz, café, abarrotes, lácteos, etc.la pulpería la atiende su esposa e hijos. Ha decidido solicitar un préstamo por 15,000 Lempiras para comprar frutas de temporada y verduras para vender y otra parte para surtir el negocio de pulpería de productos alimenticios. Espera que esta inversión le ayude a incrementar las ventas y mantener siempre capital de trabajo. Su meta es mejorar su calidad de vida.

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

  • $4,800
    Average annual income
  • 78
    View loans »
    Honduras Loans Fundraising
  • $8,804,250
    Funds lent in using Kiva
  • 19.5
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Efrain to buy fruits and vegetables and stock his small general store with food products.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 30, 2012
Listed
Aug 24, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 19, 2013