Update on Jonny ObiedJonny is 27 years old and single. He lives with his parents and siblings in the Masica municipality. For six years Jonny has had a business activity that generates the income needed for him to support his family.
He has a soldering workshop where he makes balconies for houses and latticework. He also manufactures and repairs bodywork on trucks. He says that he has the needed experience to offer this service, where he already has his own customers.
He is now requesting his third loan for 23,000 lempiras. He will use it to buy raw materials to make the balconies, latticework, and bodywork. Having the necessary material, he will be able to give his customers better service.
His dream is to have a suitable place for his business. He also dreams of improving the quality of his life and that of his family.
Jonny hace seis años tiene una actividad que le genera los ingresos necesarios para el sostenimiento familiar, un taller de soldadura donde fabrica balcones, celocias, también fabrica y repara carrocería de camiones.comenta que tiene la experiencia necesaria para ofrecer este servicio en donde ya tiene sus propios clientes.
Actualmente solicita su tercer crédito de 23,000 lempiras, que lo invertirá en la compra de materia prima para la elaboración de los balcones, celocias y las carrocería, teniendo el material necesario podrá dar a sus clientes una mejor atención.
su sueño es tener un local apropiado para el negocio y mejorar la calidad de vida personal y de su familia.
Previous Loan DetailsJonny is 27 years old and single. He lives with his parents in a village in the Masica municipality in Atlántida. Ever since he was very little Jonny has been doing farm work. However, he did not get enough income. Six years ago he decided to establish his own business and put his skills to… More from Jonny Obied's previous loan »
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.
Concurrent and Successive Loans
Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.
This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.
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Success!! The loan was 100% repaid
- Repayment Term
- 19 months (Additional Information)
- Repayment Schedule
- Feb 23, 2013
- Mar 11, 2013
- Currency Exchange Loss:
- May 18, 2014
Photo from previous loan
Kiva allows our Field Partners to re-use the same photo for individual borrowers that have been posted on Kiva's website once before in a 24 month period, and we allow them to re-use group photos for up to 24 months, provided that 80% of the current group's membership is represented.
Taking, collecting, and uploading photos of borrowers is one of the most challenging elements of using Kiva for our Field Partners. In order to make Kiva easier for Field Partners to use, we have allowed them to post successive and concurrent loans without taking a new photo of the borrower if the criteria above are met.