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Mujeres Trabajando Group
In this Group: Martha Lidia, Blanca Orfilia, Lenis Liseth, Maria Mercedes, Maria De La Cruz, Gladis Sulema, Maria Norma, Maria Angelina
Martha, age 48, is a single mother, and she has one child. She lives in the Tocoa municipality in Colon. Martha, together with 16 other members, has worked for several years in her own business, a convenience store, which is located in the community. They sells basic needs products, sandals, beauty products, and groceries, etc.

They have now decided to form a group of eight people in order to request a loan from ODEF. The group is called Mujeres Trabajando (Women Working). In the photo Martha Lidia is on the left and has on an ochre colored blouse. Gladis, wearing a pink blouse, is next. Then, there is Lenis in a white blouse, María Angelina in a brown blouse, María de la Cruz in a red and black blouse, María Mercedes in a red blouse, María Norma in a white blouse with black, and Blanca is on the right in a yellow blouse.

Each member of the group is requesting 14,000 lempiras, making a total of 112,000 lempiras. They have requested the loan to buy land where they will build a small poultry farm. They are receiving help for their business from an institution that will give them seed money and technical assistance in order to start it.

Martha’s goal for the future is to be able to improve her house and to help her child.
View original language description ↓
Doña Martha, tiene 48 años de edad, es madre soltera, tiene un hijo, vive en el municipio de Tocoa, Colon. Martha, juntamente con 16 socias mas trabajan por varios años en su propio negocio de una tienda de conveniencia ubicada en la comunidad donde venden productos de la canasta básica familiar, sandalias, productos de belleza, abarrotes, etc. Ahora han decidido formar un grupo de 8 personas para solicitar un préstamo en ODEF, el grupo se llama Mujeres Trabajando, que en la foto se identifican así: a la izquierda esta doña Martha Lidia tiene blusa color Ocre, seguido esta Gladis de blusa rosado, Lenis con blusa blanca, María Angelina con blusa café, María de la Cruz con blusa rojo con negro, María Mercedes blusa roja y María Norma blusa blanco con negro y a la derecha esta doña Blanca con blusa amarilla. Cada miembro del grupo esta solicitando 14,000 lempiras, haciendo un total grupal de 112,000 lempiras. El préstamo lo han solicitado para comprar un terreno donde construirán una pequeña granja avícola. Para este negocio están recibiendo el apoyo de una institución quien les dará un capital semilla y asesoría técnica para iniciarlo. Doña Martha tiene como meta a futuro poder mejorar su casa y ayudar a su hijo.

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.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Honduras

  • $4,200
    Average annual income
  • 26
    View loans »
    Honduras Loans Fundraising
  • $8,349,000
    Funds lent in using Kiva
  • 19.9
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A portion of Mujeres Trabajando Group's $5,650 loan helped a member to buy land where they will build a small poultry farm.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 6, 2013
Listed
Mar 7, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2014