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Odilma
Odilma is 40 and the single mother of two children. Her greatest challenge to date has been her husband's abandonment of the family. She started her used clothing business to support her children, and in the past six years, she has worked hard to grow her business. Odilma waits on her customers from 8:00 am until 6:00 pm. One of her disadvantages is having to rent her space.

She is requesting a loan to buy used clothing in bulk to stock her business and offer her customers more variety. She expects to increase her income through this investment and be able to pay her household and her children's education expenses. Her dream is that her children achieve professional careers and that she owns her own store so that she doesn't have to rent. This is Odilma's 17th loan cycle with FAMA, and she has made her payments on time.
View original language description ↓
Doña Odilma tiene 40 años de edad, es madre soltera de dos hijos, el desafío mas grande en su vida ya lo pasaron cuando su esposo los abandono, ella emprendió su negocio de ropa de segunda que es con el cual le da el sostén diario a sus hijos, desde hace seis años se dedica a este rubro y con mucho esfuerzo ha podido hacer crecer su negocio, doña Odilma inicia su atención al publico desde las 8:00 am y culmina a las 6:00 pm. Una de las desventajas es que tiene que pagar alquiler de local. El préstamo que ella esta solicitando lo necesita para invertirlo en la compra de varios fardos de ropa para poder surtir su negocio y poder ofrecer a sus clientes mucha mas variedad en las prendas de vestir. Ella espera que con el apoyo de este préstamo sus ingresos aumenten y de esta manera poder ayudar con los gastos de su hogar y estudiantiles de sus hijos. Su sueño es que sus hijos se puedan realizar profesionalmente y poder tener su propio local para ya no seguir pagando alquiler de local. Doña Odilma tiene 17 ciclos de trabajar con FAMA y ha cancelado sus cuotas de forma puntual.

Additional Information

About FAMA:

Honduras is one of the poorest countries in the Western Hemisphere with approximately 59% of people living below the poverty line. Familia y Medio Ambiente OPDF (FAMA OPDF) is a Honduran non-profit with no religious or political affiliation. FAMA’s mission is to provide quality and opportune financial services so that men and women have equal opportunities to develop their micro or small businesses, whether they focus on agriculture, manufacturing or services. FAMA operates 13 branches throughout Honduras and serves over 12,500 clients.

About Honduras

  • $4,200
    Average annual income
  • 20
    View loans »
    Honduras Loans Fundraising
  • $8,346,150
    Funds lent in using Kiva
  • 19.9
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Odilma to buy bulk used clothing.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 21, 2012
Listed
Dec 21, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 21, 2013