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Medardo
Medardo, age 72, lives with his wife in the Esparta municipality in the Atlántida department. Medardo used to sell bread in an itinerant manner. Through his own effort he managed to establish a small store in his house. He sells beans, rice, eggs, churros, soft drinks, cookies, sugar, and coffee.

He has requested a loan for 10,000 lempiras in order to stock the business. He will buy a greater quantity of merchandise and basic food products.

Medardo is always in good health. He supports and takes good care of his wife. Also, he wants to get more customers and increase his income.
View original language description ↓
El Señor Medardo tiene 72 años de edad, reside en compañía de su esposa en el Municipio de Esparta, Departamento de Atlántida.
Don Medardo se dedicaba anteriormente a la venta de pan de manera ambulante, con esfuerzo propio logró establecer una pequeña tienda de venta de productos alimenticios en su vivienda como: frijoles, arroz, huevos, churros, refrescos, galletas, azúcar y café.
Ha solicitado un préstamo por la cantidad de 10,000 Lempiras para invertir en el surtido de su negocio comprando mayor cantidad de mercancías y alimentos de la canasta básica familiar.
Don Medardo procura siempre mantenerse con salud, él apoya y cuida mucho de su esposa, además desea crecer con sus clientes y aumentar sus ganancias.

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
  • 25
    View loans »
    Honduras Loans Fundraising
  • $8,141,925
    Funds lent in using Kiva
  • 19.6
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Medardo to buy food products (eggs, basic grains, sugar, and coffee).
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 30, 2012
Listed
Sep 19, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 18, 2013