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Juan Manuel
Sr. Juan Manuel is 36 years old and lives in a suburban neighborhood of San Pedro Sula with his wife and three children. He previously worked in agriculture, but a year ago he decided to open a grocery store where he sells basic grains, meats, soft drinks, snack foods, lard, salt, sugar, medicines, condiments, and other products. Juan Manuel currently manages this business while his wife works at a factory as a means of generating additional income to alleviate their financial situation.


He decided to request a loan from ODEF in the amount of 15,000 HNL so that he can by products to restock his business such as meats, soft drinks, basic grains, and other items. With this loan, Juan Manuel will be able to maintain a variety of products, which he hopes will increase his sales and his earnings. His goal is to build a house of his own and set up his store there.

View original language description ↓
El Sr. Juan Manuel tiene 36 años de edad, tiene 3 hijos y vive en una colonia suburbana de San Pedro Sula junto a sus hijos y su esposa. El ha trabajado en agricultura pero hace un año decidió establecer una pulpería para vender granos básicos, carnes, refrescos, churros, manteca, sal, azúcar, granos básicos, pastillas, condimentos y otros productos. Actualmente el administra el negocio y su esposa trabaja en una maquila, para generar otros ingresos y solventar su situación económica. Ha decidido solicitar a ODEF un préstamo por 15,000 Lempiras para comprar productos y surtir el negocio, comprara carnes, refrescos, granos básicos y otros productos. Con este préstamo mantendrá variedad de productos y espera incrementar sus ventas y los ingresos. Tiene como meta terminar de construir su propia casa y poner allí su pulpería.

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
  • 37
    View loans »
    Honduras Loans Fundraising
  • $7,986,350
    Funds lent in using Kiva
  • 19.8
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Juan Manuel to buy meats, soft drinks, basic grains, and other items.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 8, 2012
Listed
Dec 8, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 21, 2013