Check out some available loans that are similar to this one!
German Adonay
German is 33 years old. He is married, has one son, and lives in a neighborhood on the outskirts of San Pedro Sula. He has two business activities. Four years ago, he lost his job, and decided to to set up his own business buying and selling recycled materials such as aluminum, copper, dead batteries, junk vehicles, scrap iron, etc. He sells these materials to a recycling company.

In addition, four months ago, he set up a business selling candy, where he sells soft drinks, churros (a treat made with fried dough), juices and fast food. He has requested a loan to buy scrap metal and materials for recycling to sell. He also needs to buy kitchen utensils for his candy-selling business. His objective is to improve his household income.

His dream is to obtain his own home, to set up there the best-equipped businesses, and have financial stability for his family.
View original language description ↓
German tiene 33 años de edad, casado, tiene un hijo y vive en una colonia periférica de San Pedro Sula. El realiza dos actividades de negocio, hace 4 años que se quedo sin empleo y decidió establecer su propio negocio de compra y venta de materiales reciclados como aluminio, cobre, baterías en mal estado, vehículos chatarra, desperdicios de hierro etc. estos materiales los vende en una empresa de reciclaje. Además hace 4 meses estableció un negocio de venta de golosinas donde vende refrescos, churros, jugos y comidas rápidas. Ha solicitado un préstamo para compra de chatarras y materiales de reciclaje para vender. Y también necesita comprar utensilios de cocina para el negocio de venta de golosinas. Su objetivo es mejorar los ingresos para su hogar. Su sueño es llegar a obtener su propia vivienda y establecer allí los negocios mejor acondicionados y tener una estabilidad económica 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

  • $4,800
    Average annual income
  • 78
    View loans »
    Honduras Loans Fundraising
  • $8,803,075
    Funds lent in using Kiva
  • 19.5
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped German Adonay to buy materials for recycling, dead batteries, metal scrap to sell, as well as kitchen utensils for his candy business.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 25, 2012
Listed
Sep 15, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 18, 2013