For the past 15 years, Jose has managed a cafeteria at one of the schools in town. He has the help of one employee who prepares various foods such as meat turnovers, baleadas (the Honduran version of a burrito), and fried plantains with meat. Jose also offers soft drinks, juices, cookies, donuts, and other items. His customers are students of the school.
He is requesting his second loan in the amount of 25,000 HNL. The proceeds will be used to restock his business with soft drinks and juices. Jose hopes to grow his business so that he can generate more earnings to cover his family’s expenses.
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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