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Maria Olga
María, 50, is single due to widowhood. She has six children and lives in Morazán, Yoro. María is very hardworking. She used to generate income doing sewing but wanted to earn higher income so five years ago decided to open a food business. She makes and sells traditional food and soft-drinks but what’s most in demand is ‘baleadas’ (flour tortilla filled with beans, eggs, cheese, cream and others) that she sells for breakfast and dinner. Her business is located in a commercial stand.

She’s had nine ODEF loans to date and is grateful for the support provided. This current loan is for 11,000 Lempiras that she’ll use to buy more kitchen utensils like pots and pans to improve her business. Her goal is to always keep her business active to generate income to help with her children’s schooling costs.
View original language description ↓
Doña María, tiene 50 años de edad, es soltera por viudez, tiene 6 hijos y vive en Morazan, Yoro. Doña María es muy trabajadora, anteriormente generaba ingresos haciendo trabajos de costura, luego quería obtener mayores ingresos y hace 5 años que decidió establecer un negocio de comidas. Ella elabora y vende comidas típicas y refrescos, pero su mayor demanda está en las baleadas (tortilla de harina rellena con frijoles, huevo, queso, crema y otros), estas baleadas las vende para el desayuno y cena. El negocio lo tiene en un puesto de venta comercial.
Ella ha obtenido ya nueve créditos con ODEF y esta agradecida por el apoyo brindado. El préstamo actual es por 11,000 Lempiras que solicita para comprar más utensilios de cocina como ollas y freidoras para mejorar su negocio. Su meta es mantener siempre su negocio activo para generar ingresos y apoyar a sus hijos con los estudios.

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
  • 56
    View loans »
    Honduras Loans Fundraising
  • $8,390,575
    Funds lent in using Kiva
  • 19.7
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Maria Olga to buy kitchen utensils like a set of new pots and frying pans.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 9, 2012
Listed
Oct 23, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2013