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Teófilo
Teófilo, 41, lives in a common law union with his wife and has six children. He lives with his wife in a community in Nueva Frontera, Santa Bárbara Department. Teófilo works in agriculture growing coffee and basic grains.

In order to generate additional income, three years ago he opened a grocery store where he sells basic staples like rice, flour, beans, lard, instant soups, condiments and common use medicines. Teófilo’s wife helps him take care of customers in the grocery store as a way of helping contribute towards family economy.

In order to better stock his store, he’s requested a 10,000 Lempira loan to buy more merchandise like rice, beans, lard, cleaning supplies, soft-drinks and snacks. He hopes his children will attend a good school and that the business grows to move his family ahead.
View original language description ↓
El señor Teófilo tiene 41 años de edad, convive en unión libre con su esposa, tiene 6 hijos. Reside en compañía de su familia en una comunidad rural del Municipio de Nueva Frontera, Departamento de Santa Barbará.
Teófilo es agricultor, produce granos básicos y café.
Con el fin de generar mayores ingresos para su hogar, hace tres años que logro establecer un negocio de pulpería donde vende productos de canasta básica familiar: harina, arroz, fríjoles, manteca, sopas instantáneas, condimentos y medicamentos de uso común.
La esposa de Teófilo apoya atendiendo la clientela en la pulpería como una forma de contribuir también a la economía familiar.
Con el fin de surtir mas su negocio ha solicitado un préstamo por la cantidad de 10,000 Lempiras los que piensa invertir en la compra de más alimentos: arroz, fríjoles, manteca, productos de limpieza, refrescos y golosinas.
Él espera lograr que sus hijos estudien en una buena escuela y que su negocio crezca para sacar adelante a su familia.

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
  • 11
    View loans »
    Honduras Loans Fundraising
  • $8,462,475
    Funds lent in using Kiva
  • 19.7
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Teófilo to buy merchandise to stock his store.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 26, 2012
Listed
Nov 8, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2013