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Andres
Andrés, age 50, is married and has eight children. He lives with his wife and three of their children in a village in the Morazan municipality in Yoro.

His main business activity is growing corn. He has been growing his own corn crops for 20 years, and he sells his crops at the local market.

Andrés has decided to request a second loan from ODEF so that he can prepare the land to cultivate corn. The loan is for 15,000 lempiras, which he will use to buy fertilizers, compost, to pay for a machine to plough three ‘manzanas’ [a land measurement unit equivalent to 7000 square meters], and to cultivate the corn.

The loan will help him be more solvent in order to buy the supplies for cash. His goal is to cultivate more plots of land each time in order to increase his income and have a better standard of living with his family.
View original language description ↓
Don Andrés, tiene 59 años de edad, casado, tiene 8 hijos y vive con su esposa y tres de sus hijos en una aldea que pertenece al municipio de Morazan, Yoro. Su actividad principal es la agricultura de granos básicos. Tiene 20 años de realizar sus propios cultivos de maíz y la producción la vende en el mercado local. Don Andrés ha decidido solicitar un segundo préstamo a ODEF con el fin de preparar la tierra para cultivar maíz, el préstamo es por 15,000 Lempiras con el cual va comprar fertilizantes, abonos y pago de máquina para arado de tres manzanas de tierra y cultivar el maíz. El préstamo le ayudara a tener más solvencia para comprar de contado los insumos. Su meta es cultivar mas parcelas cada vez para aumentar las ganancias y tener un mejor nivel de vida con 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
  • 41
    View loans »
    Honduras Loans Fundraising
  • $8,353,375
    Funds lent in using Kiva
  • 19.8
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Andres to buy fertilizers, compost, to pay for a machine to plough three ‘manzanas’ [a land measurement unit equivalent to 7000 square meters], and to cultivate the corn..
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 19, 2012
Listed
Nov 18, 2012
Currency Exchange Loss:
Possible
Ended:
May 17, 2013