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Segundo
Segundo, 46, is married and has two children. He lives in the town of Arizona, Atlántida. Segundo has been manufacturing wood furniture like doors, door frames, windows, closets, dining room furniture and others for four years. He uses traditional and colored woods to manufacture fine furniture.

The loan he’s requesting from ODEF is his third one and it’s for 15,000 lempiras that he will use to buy a load of lumber to finish some pending jobs he has and to have lumber on hand always in his workshop. His goal is to grow more in business and to earn income for his personal wellbeing as well as for his family’s.
View original language description ↓
El Sr. Segundo tiene 46 años de edad, está casado, tiene dos hijos, y vive en el municipio de Arizona Atlántida. Don segundo tiene 4 años de dedicarse a la elaboración de muebles de madera como ser: puertas, marcos para puertas, ventanas, closet, muebles de comedor y otros. Utiliza madera no tradicional y de color para elaborar muebles finos. El préstamo que solicita es el tercero con ODEF y es por 15,000 lempiras, con el cual va comprar un lote de madera para terminar unos trabajos pendientes que tiene y mantener siempre madera disponible en su taller. Su meta es crecer más en el negocio y obtener ingresos para su bienestar personal y familiar.

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
  • 42
    View loans »
    Honduras Loans Fundraising
  • $8,354,075
    Funds lent in using Kiva
  • 19.5
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Segundo to buy lumber to manufacture furniture.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 15, 2012
Listed
Aug 28, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 18, 2013