Check out some available loans that are similar to this one!
Mercedes
Mercedes, 50, is a single mother of four children living in a village in the municipality of Nueva Frontera, Santa Bárbara. She’s had her own grocery store business for nine years; she sells family staples like basic grains, sugar, milk, canned goods, soft-drinks, packaged snacks, flour, lard, etc. She’s decided to request this 22,000 Lempira loan to stock up and improve her inventory in order to have a wider variety of products available for her customers. Her goal is to turn her grocery store into a min supermarket and send her son to study in a university.
View original language description ↓
Mercedes, tiene 50 años de edad, es medre soltera, tiene 4 hijos, vive en una aldea del municipio de Nueva Frontera, Santa Bárbara. Doña Mercedes lleva 9 años de tener su propio negocio de pulpería, vende productos de la canasta básica familiar como granos básicos, azúcar, leche, productos enlatados, refrescos, churros, harina, manteca etc. Ella ha decidido solicitar este préstamo por 22,000 lempiras para surtir y mejorar el inventario con la compra de más productos como carnes, refrescos, manteca, azúcar y otros, con el fin de tener variedad de productos que ofrecer a sus clientes. Tiene como meta convertir su pulpería en un mini súper y mandar a su hijo a estudiar a una universidad.

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
  • 53
    View loans »
    Honduras Loans Fundraising
  • $8,383,625
    Funds lent in using Kiva
  • 19.9
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,125 helped Mercedes to buy stock merchandise for her store.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 8, 2013
Listed
Feb 5, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 18, 2013