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Mario Ernesto
Mario, 66, is married and has two children; he lives with his wife and daughter in the town of Choloma, Cortes. He started his own mop-making business six years ago. He sells these products in the local markets. He used to work in an assembly plant where he acquired much experience. He’s asking ODEF for his fifth loan in the amount of 11,500 Lempiras to buy threads to manufacture mops. He hopes to improve sales and profits his goal being to expand the business and have all the necessary machinery to do his work.
View original language description ↓
Don Mario tiene 66 años de edad, es casado, tiene dos hijos, vive con su esposa y una hija en el municipio de Choloma, Cortes. Hace más de 6 años que don Mario se independizo con su propio negocio de elaboración de trapeadores. Este producto lo vende en los mercados locales. Anteriormente trabajo en una maquila donde adquirió mucha experiencia. El está solicitando el quinto préstamo a ODEF,que es por 11,500 Lempiras para comprar hilos para fabricar trapeadores. Espera mejorar las ventas y sus ganancias, siendo su meta ampliar el negocio y tener toda la maquinaria para trabajar.

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
  • 89
    View loans »
    Honduras Loans Fundraising
  • $8,673,875
    Funds lent in using Kiva
  • 19.5
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Mario Ernesto to buy raw materials to manufacture mops.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 9, 2012
Listed
Aug 30, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 19, 2013