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David Salomon
David is 31 years old, married, and has 2 children. He lives in the municipality of Tela, in the department of Atlántida. He has his own source of income, which is a grocery store business that he started up 3 years ago. In his store, he sells consumer staples such as rice, beans, sugar, butter, churros, sweets, cookies, bread, beverages, and other products such as spare parts for bikes and motorcycles. He has taken 5 loans with ODEF; the current loan is for 21,000 Honduran lempiras. He will invest this loan in the purchase of more spare parts for bicycles and motorcycles. This investment will help him to increase his income. His goal is to save money so that he can build his own house and also provide a good education to his children.
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David, tiene 31 años de edad, casado, tiene dos hijos y vive en el municipio de Tela, Atlántida. el tiene su propia fuente de ingresos, hace 3 años estableció un pulpería donde vende productos de la canasta básica familiar como arroz, frijoles, azúcar, manteca, churros, dulces, galletas, pan, refrescos y otros como repuestos para bicicletas y motocicletas. Con ODEF lleva cinco prestamos, el actual es por 21,000 Lempiras y lo va invertir en la compra de mas repuestos de bicicletas y motocicletas, esta inversión le ayudara a incrementar sus ingresos. Tiene como meta ahorrar para construir su vivienda y darles una buena educación a sus hijos.

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
  • 35
    View loans »
    Honduras Loans Fundraising
  • $8,936,725
    Funds lent in using Kiva
  • 19.6
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,075 helped David Salomon to stock his business with products to sell such as spare parts for bicycles and motorcycles.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Sep 5, 2012
Sep 21, 2012
Currency Exchange Loss:
Aug 18, 2013