For the past five years, María has been selling merchandise such as various types of new clothing, T-shirts, curtains, bedding, and other items that are requested. She sells the merchandise from her home. Her business has remained stable as a result of investing several loans. María is currently requesting her seventh loan, which is in the amount of 8,000 HNL. The money will be used to restock with more clothing so that she can generate more profits. Her short-term goal is to use her earnings to repair the roof of her 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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