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Terrero Blanco De Taulabe Group
In this Group: María , Ángel
María is 51 years old and single. She lives in an urban community in the Taulabe municipality in the Comayagua department.

María used to devote herself to the household chores and occasionally to agriculture. Ten years ago she started her own business of making and selling handmade baked goods like semitas, quesadillas, torta de leche, and rosquillas [types of pastry and rolls].

She has currently requested a group loan, which she plans to use to buy raw materials to make bread. She will buy things like flour, eggs, sugar, shortening, firewood, and milk wholesale. This loan will help her to increase her bread production. Her sales will increase because of her good quality products. She always has customer demand.

In the long term she plans to make improvements to her house (improve the roof and floor). This way she will improve her living conditions.

María belongs to the Terrero Blanco de Taulabe communal bank. It is comprised of two members, María and Angel. The both live in the same community. María makes bread and Angel works in carpentry. They have both been ODEF clients for over eight cycles, which they do in order to stay in business. The group loan is for 20,000 lempiras. Each individual will receive 10,000 lempiras.
View original language description ↓
La señora María tiene 51 años de edad, es soltera, reside en una comunidad urbana del municipio de Taulabe, Departamento de Comayagua.
María anteriormente se dedicaba a oficios domésticos y eventualmente a la agricultura, hace 10 años que se dedica a atender su propio negocio de producción y venta de pan de manera artesanal como semitas, quesadillas, torta de leche y rosquillas.
Actualmente ha solicitado un préstamo grupal el cual piensa invertir en la compra de la materia prima para la elaboración de pan como: harina, huevos, azúcar, manteca, leña y leche al por mayor.
Este financiamiento le servirá para incrementar la producción de pan y aumentar sus ventas ya que por ser un producto de buena calidad, siempre cuenta con demanda de sus clientes.
Ella piensa a largo plazo hacer mejoras a su vivienda (Mejorar techo y piso) y de esta manera mejorar su condición de vida.
Doña María pertenece al grupo solidario Terrero blanco de Taulabe, el cual está conformado por 2 miembros: Doña María y Don Angel, ambos viven en la misma comunidad y se dedican a la elaboración de pan y carpintería respectivamente. Los dos han sido clientes de odef por mas de ocho ciclos para mantener activos sus negocios.
El préstamo total Grupal es de 20,000 Lempiras y de manera individual 10,000 Lempiras cada uno.

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.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Honduras

  • $4,800
    Average annual income
  • 89
    View loans »
    Honduras Loans Fundraising
  • $8,676,100
    Funds lent in using Kiva
  • 19.8
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A portion of Terrero Blanco De Taulabe Group's $1,025 loan helped a member to buy materials like flour, eggs, sugar, shortening, firewood, and milk wholesale in order to make bread.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 25, 2012
Listed
Nov 16, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 18, 2013