For the past 10 years, Don Ángel has managed his own business where he sells snack foods, meat-filled pastries, enchiladas, donuts, candy, bread, soft drinks, and motorcycle lubricants. In order to maintain an active business, he has invested several loans. Ángel is currently requesting his eighth loan in the amount of 10,000 HNL. The money will be used to restock his business with soft drinks and water that he can sell during Holy Week.
His goals are to grow his business, maintain a large inventory of motorcycle lubricants, and always remain with his family.
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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