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Manuel
Manuel, 63, lives with his wife, two children and daughter-in-law in the city of Tela, Atlántida Department. He sells basic staple items in a grocery store he runs with his wife at home. As an additional activity, Manuel also sells fried plantain slices.

He decided to take out a 10,000 Lempira loan to buy food items his customers demand like flour, Maseca, rice, lard and toilet paper. He wants to enlarge the business to improve his income and offer his family a better quality of life.
View original language description ↓
El Señor Manuel tiene 63 años de edad, reside en compañía de su esposa, 2 hijos y su nuera en el Municipio de Tela, Departamento de Atlántida.
Don Manuel se dedica a la venta de productos de la canasta básica familiar a través de una pulpería la cual atiende junto con su esposa en su casa de habitación. Como actividad adicional Don Manuel vende tajaditas de plátano verde.
Decidió adquirir un préstamo por la cantidad de 10,000 Lempiras los que utilizará para surtir con productos alimenticios que sus clientes le demandan como ser: harina, maseca, arroz, manteca, papel higiénico.
Don Manuel desea agrandar su negocio y de esta manera mejorar sus ingresos para ofrecerle a su familia una mejor calidad de vida.

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
  • 30
    View loans »
    Honduras Loans Fundraising
  • $8,257,650
    Funds lent in using Kiva
  • 19.6
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Manuel to buy merchandise to stock his store.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 30, 2012
Listed
Sep 18, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2013