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.
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.
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Success!! The loan was 100% repaid