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Salomon
Salomón, age 36, is married and has four children. He lives in a neighborhood in the Negrito municipality in Yoro.

When he was a boy he learned to cultivate rice together with his father. He has been growing his own rice crops for eight years. This product is now ready to sell to the local consumers and outlying customers.

Salomón has maintained his crops well through the investment of various loans. This is his 23rd cycle. He will use this loan for 18,000 lempiras to buy supplies like fertilizers and to pay for labor to prepare the land and to transplant the crop. With this investment he hopes to get better production and better income so that he can continue supporting his children’s education and improve his house.
View original language description ↓
Salomón, tiene 36 años de edad, casado, tiene 4 hijos y vive en una colonia del municipio de el Negrito, Yoro.
Él desde niño aprendió a cultivar arroz junto a su padre, hace 8 años que realiza sus propios cultivos de arroz. Este producto ya sale listo para venderlo al consumidor local y clientes de alrededor. Salomón ha mantenido bien sus cultivos mediante la inversión de varios préstamos, lleva 23 ciclos con el actual. Este préstamo es por 18,000 lempiras y los va invertir en la compra de insumos como abonos y pago de mano de obra para la preparación de tierras y para trasplante de cultivo. Con esta inversión espera sacar mejor producción y obtener buenas ganancias para seguir apoyando a sus hijos con la educación y mejorar su casa.

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
  • 15
    View loans »
    Honduras Loans Fundraising
  • $8,225,225
    Funds lent in using Kiva
  • 19.8
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A loan of $925 helped Salomon to buy supplies like fertilizers and to pay for labor to prepare the land and to transplant the crop.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 31, 2012
Listed
Nov 23, 2012
Currency Exchange Loss:
Possible
Ended:
May 17, 2013