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Reina Adelina

Update on Reina Adelina

Reina is 32 years old. She has been married for 17 years, and has three children, aged between 3 and 13. She lives in San Juan, Lempira. Her husband is a driver.

For eight years, she has been selling a variety of clothing, such as blouses, pants, children's clothing, T-shirts, underwear, skirts and sandals. She lives in a rural village where there are no clothing stores; this is the reason for starting her clothing businesss, and sales have been good. She sells though orders for home delivery, and at her home.

Very hard-working, she also grows coffee, from which she earns other income.

She has applied for her third loan, with the current one being for 25,000 lempiras. She has invested it in her business, keeping it stocked and increasing her sales. With the present loan, she will buy children's clothing, blouses, T-shirts, pants and sandals for increasing her inventory and obtaining more income.

Her dream is to see her children graduate and fix up her house with the earnings she gets. She is very grateful to ODEF and to Kiva for the opportunity provided.
View original language description ↓
Reina, tiene 32 años de edad, casada desde hace 17 años, tiene 3 hijos entre 3 y 13 años de edad, vive en San Juan, Lempira. Su esposo es motorista.
Hace más de 8 años que vende ropa variada como blusas, pantalones, ropa de niño, camisetas, ropa intima, faldas, y sandalias. Donde vive es una aldea rural y no hay tiendas de ropa, esto la motivo a empezar el negocio de ropa y sus ventas han sido buenas, su forma de vender es a domicilio por pedidos y en su casa. Reina es muy trabajadora, adicionalmente tiene siembra de café, donde obtiene otros ingresos.
Ha solicitado el tercer ciclo de préstamos con el actual que es de 25,000 Lempiras y los ha invertido en su negocio manteniéndolo surtido e incrementando sus ventas, con el actual préstamo comprara ropa para niños, blusas, camisetas, pantalones y sandalias para aumentar el inventario y obtener más ingresos.
Su sueño es graduar a sus hijos y arreglar su vivienda, con las ganancias que obtenga. Agradece mucho a ODEF y a Kiva por la oportunidad brindada.

Previous Loan Details

Reina Adelina, age 31, has been married for 16 years. She has three children; ages 2, 5, and 12. She lives in San Juan, Lempira. Her husband is a driver. She has been selling clothes like blouses and pants (and lotions) for over seven years. She lives in a rural area where there are no clo... More from Reina Adelina's previous loan »

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.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

About Honduras

  • $4,800
    Average annual income
  • 74
    View loans »
    Honduras Loans Fundraising
  • $8,633,625
    Funds lent in using Kiva
  • 19.7
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,275 helped Reina Adelina to buy children's clothing, blouses, pants, T-shirts and sandals for restocking her store.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 4, 2012
Listed
Sep 28, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013