Check out some available loans that are similar to this one!
Salvador
Salvador, 64, is married and has seven children; he lives in the town of Bonito Oriental with his wife, daughter and grandson. He establishes his own source of income five years ago selling natural remedies and condiments. He buys the products and packages it in strips of little bags and sells them from place to place in different villages. He sells anise, rosemary, chamomile, cotton, cinnamon, cloves, pepper, cumin, garlic, etc.

He’s asking for an 8,000 Lempira loan to buy more medicinal products and condiments to sell because a wider variety to sell means increased sales.
His goal is to continue working hard to earn income needed to support his family.
View original language description ↓
Don salvador, tiene 64 años de edad, está casado, tiene 7 hijos, vive en el municipio de Bonito Oriental junto a su esposa, una hija y un nieto.
Hace 5 años estableció su propia fuente de ingresos, dedicándose a la venta de medicinas naturales y condimentos. Él compra el producto y lo prepara en ristras en bolsitas, las ventas las realiza de manera ambulante en diferentes aldeas, ofreciendo: anís, romero, manzanilla, algodón, canela, clavo de olor, pimienta, cominos, ajos, etc. el préstamo que solicita es de 8,000 Lempiras con el cual va comprar más productos medicinales y condimentos para vender, ya que al tener variedad de productos va incrementar sus ventas. Su objetivo es continuar trabajando duro para obtener los ingresos necesarios para la manutención de su familia.

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
  • 94
    View loans »
    Honduras Loans Fundraising
  • $8,680,050
    Funds lent in using Kiva
  • 19.5
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Salvador to buy chamomile, rosemary, anise, garlic, cinnamon, cloves, pepper, cotton, etc.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 7, 2012
Listed
Aug 30, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 18, 2013