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José Onan
José, 25, is single and has two children; he lives in a community in Arizona Municipality, Atlántida Department. He used to be a salaried employee but the firm he worked for ceased to operate. With the money he got from his liquidation package he decided to open a welding and metal shop. At present, he’s asking for a 25,000 Lempira loan to buy a welding machine, a drill and a polishing machine. With financial help he will be able to fill some orders and provide better customer service. He hopes in future to be able to build his own house.
View original language description ↓
José tiene 25 años de edad, es soltero, tiene 2 hijos, reside en una comunidad del Municipio de Arizona Departamento de Atlántida.
Anteriormente se dedicaba a trabajo asalariado, pero la empresa para la cual laboraba cerro operaciones. Con el dinero obtenido de sus prestaciones laborales, decidió establecer un taller de soldadura y fabricación de estructuras metálicas.
En este momento ha solicitado un préstamo por la cantidad de 25,000 Lempiras, los que piensa invertir en la compra de una soldadora, un taladro y una maquina pulidora.
Con el apoyo financiero lograra cumplir con algunos pedidos y brindar un mejor servicio a sus clientes. El espera a futuro lograr construir su propia vivienda.

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
  • 52
    View loans »
    Honduras Loans Fundraising
  • $8,003,700
    Funds lent in using Kiva
  • 19.8
    Honduras Lempiras (HNL) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $1,275 helped José Onan to buy equipment like a welding machine, drill and a polishing machine.
60% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 13, 2012
Listed
Dec 13, 2012
Currency Exchange Loss:
Possible