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Magda Lizzeth
Magda is 41 years old and has four children. She and her husband live with them in the town of Tela, Atlántida. Magda has her own business of selling merchandise such as new and used clothing, hairpins and ponytail holders, shower curtains, bed sheets, purses, and other low-cost goods. She has requested several loans that were invested in her business.


The loan she is requesting now is her eighth one and is in the amount of 23,000 HNL. The money will be used to buy more merchandise to sell so that she can increase her earnings. Magda’s dream is to have a strong business that will generate income so that she can cover her children’s education and acquire a vehicle for her business.

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Magda, de 41 años de edad, tiene 4 hijos, vive con ellos y su esposo en el Municipio de Tela, Atlántida. Magda tiene su propio negocio de venta de mercadería como ser: ropa nueva y usada, ganchos y colas para cabello, cortinas de baño, sabanas, carteras y otra achinería. Este negocio lo estableció hace 7 años y las ventas las realiza de manera ambulante y por encargo. Ella ha solicitado ya varios prestamos para invertirlos en el negocio, el que solicita actualmente es el octavo préstamo y es por 23,000 Lempiras, con el cual va comprar mas mercadería para la venta, lo que le permitirá incrementar sus ingresos. Su sueño es tener un negocio fuerte que le genere ingresos para cubrir gastos de educación de sus hijos y llegar a tener un vehículo para el negocio.

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
  • $8,225,225
    Funds lent in using Kiva
  • 19.5
    Honduras Lempiras (HNL) = $1 USD
Expired
A loan of $1,200 helped Magda Lizzeth to buy clothing, purses, curtains, and various low-cost goods to sell.
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 17, 2012
Listed
Sep 14, 2012
Currency Exchange Loss:
Possible
Expired:
Oct 14, 2012