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Fausto Jose
Fausto, 58, is married and has three children; he lives in Morazán municipality, Yoro. Fausto has worked in agriculture since he was very young; he’s been growing his own corn and bean crops for 25 years and he sells them in the local municipal market. He currently is growing two manzanas [Central American unit of land measurement] of corn and he wants to get good harvests. To do so, he’s decided to request a 7,000 Lempira loan to buy fertilizer and pay to weed the corn fields. This loan will help him inject capital to provide good crop care and earn good profits from the harvest. His plan is to cultivate more land each time with God’s, ODEF’s and KIVA’s help to give his family better quality of life.
View original language description ↓
Fausto, tiene 58 años de edad, es casado, tiene 3 hijos y vive en el municipio de Morazan, Yoro. Don Fausto desde muy pequeño se ha dedicado a la agricultura, lleva ya 25 años de hacer sus propios cultivos de maíz y frijoles. Esta producción la vende en el mercado local del municipio. El tiene actualmente un cultivo de maíz de dos manzanas de terreno y quiere sacar buenas cosechas, para ello ha decidido solicitar un préstamo por 7,000 Lempiras, con los cuales va comprar fertilizantes y pago de limpieza del maíz. Este préstamo le ayudara a capitalizarse para dar un buen mantenimiento al cultivo y obtener buenas ganancias de la cosecha. Sus planes es cultivar más área cada vez con la ayuda de Dios, de ODEF y de Kiva para darle mejor calidad de vida a su familia.

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
  • 54
    View loans »
    Honduras Loans Fundraising
  • $8,354,075
    Funds lent in using Kiva
  • 19.8
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Fausto Jose to provide corn crop maintenance.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 23, 2012
Listed
Dec 18, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 18, 2013