Update on AgripinaAgripina is 52 years old, and lives in the village of Hicaque in the Arizona municipality. She is a single mother, and has two children, ages 20 and 23. Both her children have already graduated from school. All three of them contribute to covering the family expenses.
For the last 11 years Agripina has worked in an itinerant manner selling merchandise such as lotions, creams, cosmetics, gold plated jewelry, and sandals. She works six hours daily in her business. She has been re-investing her earnings to be able to make her business grow.
She has currently requested a loan for 10,000 lempiras to buy new products.
She says that her business has improved with the loans she has received. This has allowed her to be responsible with her payments and to contribute to the family expenses.
Desde hace 11 años Doña Agripina se dedica a la venta de mercadería como lociones, cremas, cosméticos, enchape de oro y sandalias de manera ambulante. Trabaja 6 horas diarias en su negocio. Ella continúa invirtiendo las ganancias para hacer crecer su negocio. Actualmente ha solicitado un préstamo por la cantidad de 10,000 Lempiras, los cuales invertirá en la compra de producto nuevo.
Manifiesta haber mejorado con los préstamos que ha obtenido, ya que le ha permitido ser responsable con sus pagos y contribuir con los gastos familiares.
Previous Loan DetailsSeñora Agripina is 51 years old, and lives in the village of Hicaque in the Arizona municipality. She is a single mother, and has two children aged 19 and 22. Both her children have already graduated from school. All three of them contribute to covering the family expenses. For the last 10 ... More from Agripina's previous loan »
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.
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Success!! The loan was 100% repaid
- Repayment Term
- 14 months (Additional Information)
- Repayment Schedule
- Sep 14, 2012
- Oct 8, 2012
- Currency Exchange Loss:
- Oct 17, 2013
Photo from previous loan
Kiva allows our Field Partners to re-use the same photo for individual borrowers that have been posted on Kiva's website once before in a 24 month period, and we allow them to re-use group photos for up to 24 months, provided that 80% of the current group's membership is represented.
Taking, collecting, and uploading photos of borrowers is one of the most challenging elements of using Kiva for our Field Partners. In order to make Kiva easier for Field Partners to use, we have allowed them to post successive and concurrent loans without taking a new photo of the borrower if the criteria above are met.