For the past six years, she has been selling different types of fish. Her sales are conducted at her house. She buys the fish and then sells her product to the customers in her neighborhood. Carmen has always been in the retail trade since she previous raised and sold pigs.
She is requesting her third loan in the amount of 10,000 HNL. The money will be spent on more fish to sell, but 30% of the loan amount will be used to pay back a personal debt. Carmen has maintained an active business, but she wants to continue growing and use her earnings to acquire a membership into an association of fish vendors.
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.
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