For approximately 23 years, Oney has been managing his own business where he repairs bicycles and sells spare parts. His workshop is located in his home and he has an established clientele. Oney has received several loans from ODEF, which has enabled him to maintain a stable and active business. He is currently requesting his sixth loan in the amount of 12,000 HNL so that he can restock his business with bicycle parts such as tires, rims, inner tubes, pedals, chains, and other items. This will allow him to provide repair services and also sell spare parts to his customers. His goal in the future is to move his workshop to another location so that he can remodel his house.
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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