Check out some available loans that are similar to this one!
Nuevo Despertar Group
In this Group: Andrea De Dios, Maria Dila, Julia , Donatila
Andrea, 56, is a single mother of 4. She lives with her 2 minor children in a town in the municipality of La Campa, in the department of Lempira. For about 30 years, she has been working in her pottery business, where she makes pots, pans, jugs, and decorative items made from clay in a variety of designs. She buys her supplies in the same area from the clay producers. She puts out products that are decorated very beautifully, and have a fine finish. She sells these products from her house, and also in the markets in the city where tourists and customers arrive from other communities.

Andrea has gone through more than 4 loan cycles with ODEF in her communal bank. She hopes to continue to grow her business so that she can help her children to get a good education. The communal bank that she belongs to is called "Nuevo Despertar"; it is made up of 4 women who live in the same community and all have pottery businesses. In the photograph, from left to right, we see Julia, with the blue scarf on her head, followed by Andrea, the coordinator of the group, Maria, and on the far right in the black blouse is Donatila. The group is requesting a sum of 43,000 Honduran lempiras, which they will use to buy raw materials such as clay, dyes, and other supplies to make pottery, so that they can keep their businesses going.
View original language description ↓
Doña Andrea tiene 56 años de edad, es madre soltera, tiene 4 hijos, vive en una aldea del municipio de la Campa, departamento de Lempira junto a sus dos hijos menores. Ella tiene aproximadamente 30 años de dedicarse al negocio de alfarería, donde elabora ollas, sartenes, cantaros y adornos a base de barro y arcilla de diferentes diseños. La materia prima la compra en la misma zona a los productores de arcilla. Saca productos muy bonitos decorados y acabados. Estos productos los vende en su casa y en los mercados de la ciudad donde llegan turistas y clientes de otras comunidades. Doña Andrea lleva más de cuatro ciclos de préstamo con ODEF en forma grupal. Ella espera seguir creciendo con el negocio para tener como ayudarles a sus hijos con una buena educación. El grupo al que pertenece se denomina Nuevo Despertar y lo conforman cuatro mujeres que viven en la misma comunidad y se dedican a la alfarería. En la foto se identifican de izquierda a derecha: esta la señora Julia de pañuelo azul en su cabeza, seguido esta doña Andrea la coordinadora, María y Donatila de blusa negra a la derecha. El monto de préstamo grupal es por 43,000 Lempiras y lo utilizaran en la compra de materia prima como arcilla, barro, color y otros para elaborar más productos de alfarería y mantener su negocio activo.

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.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Honduras

  • $4,800
    Average annual income
  • 86
    View loans »
    Honduras Loans Fundraising
  • $8,673,875
    Funds lent in using Kiva
  • 19.8
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A portion of Nuevo Despertar Group's $2,175 loan helped a member to buy raw materials to make pottery, including a variety of clay, dyes, and firewood for her pottery oven.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 29, 2012
Listed
Dec 18, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014