The loan he is requesting is in the amount of 14,000 HNL and this is his second loan cycle with ODEF. He will invest the money in the purchase of wheels, tires, patches, and rims that he can use for repairs or sell. This will enable him to provide better service to his customers. His goal is to continue working so that he can obtain his own shop and improve the condition of his business. He also wants to buy machinery and equipment that he does not have.
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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