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Jose Cecilio
José, 47, is married and has three children. He lives in a village in the municipality of San Francisco de Yojoa with his wife and daughters. José started his own business a year ago to generate income. He bought a machine used to make plastic bags in various sizes to sell. His market includes grocery store and other business in the zone. He’s invested two loans into his business and this will be his third. It’s for 10,000 Lempiras that he’ll use to buy the raw material, which is plastic, to make bags of various sizes. His objective is to increase production, income and clientele to see his business grow.
View original language description ↓
El señor Jose tiene 47 años de edad, casado, tiene 3 hijos, vive en una aldea del municipio de San Francisco de Yojoa junto a su esposa e hijas. Hace un año que don Jose inicio su propio negocio para generar ingresos. El compro una maquina para la elaboración de bolsas plásticas de diferentes tamaños para vender. Su mercado son las pulperías y otros negocios de la zona. Ha invertido dos prestamos a su negocio, con el que solicita actualmente es el tercero y es por 10,000 Lempiras, que utilizara para comprar la materia prima que es el plástico, para la elaboración de bolsas de diferentes tamaños. Su objetivo es incrementar la producción y sus ingresos y la clientela para ver el crecimiento de su negocio.

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

  • $4,800
    Average annual income
  • 62
    View loans »
    Honduras Loans Fundraising
  • $8,801,600
    Funds lent in using Kiva
  • 19.9
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Jose Cecilio to buy raw materials to manufacture plastic storage bags.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 11, 2013
Listed
Jan 18, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 25, 2013