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Miguel Lauro
Miguel, 58, is single living just with his son in a village in Nueva Frontera, Santa Bárbara. He’s worked his entire life in agriculture and animal husbandry. He has many years’ experience with growing corn, beans and coffee. He sells his production in the local market.

He’s requested a 25,000 Lempira loan to buy fertilizer and manure for the coffee farm and for the bean and corn crops. He will also pay laborers to do the coffee pruning. He hopes to attain better crop yields and increased sales with the good care he’ll provide his crops. His goal is to buy ten cows and a truck to generate additional income.
View original language description ↓
Don Miguel tiene 58 años de edad, soltero, vive solo con un hijo en una aldea de Nueva frontera, Santa Bárbara.
Don Miguel, toda su vida a realizado actividades agrícolas, con ganado y con muchos años de experiencia en el cultivo de maíz frijoles y café. La producción la vende en el mercado local de la zona.
El préstamo que ha solicitado es por 25,000 lempiras y lo utilizara en la compra de fertilizantes y abonos para las fincas de café y cultivos de maíz y frijoles, además va realizar pagos a cortadores de café. Con la buena asistencia que le dará a sus cultivos espera obtener mejores cosechas e incrementar sus ventas. Su meta es comprar 10 vacas y un vehículo tipo camión para generar otros ingresos.

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
  • 18
    View loans »
    Honduras Loans Fundraising
  • $8,225,225
    Funds lent in using Kiva
  • 19.7
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,275 helped Miguel Lauro to buy fertilizer and manure and to pay labor costs.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 16, 2012
Listed
Nov 7, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013