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Sergio
Sergio is 28 years old and married with three children. He lives in the town of Negrito Yoro. Six years ago he opened his own business repairing motorcycles and selling spare parts. Formerly he used to help his father in farming activities while he was studying. Now he makes a living running his own garage.

Sergio has requested a loan of 26,000 HNL, which he will use to purchase spare parts to sell and to use in repairing motorcycles. The investment will help him to improve his service to customers. His plans are to earn a profit and use it to fix up his house, save for his childrens’ education and stabilize his business.
View original language description ↓
Sergio, tiene 28 años de edad, es casado, tiene 3 hijos y vive en el municipio del Negrito Yoro. Hace 6 años que Sergio estableció su propio negocio para vender repuestos de motocicletas y reparación de las mismas. Anteriormente apoyaba a su padre en actividades agrícolas y estudiaba, ahora se dedica a su propio taller. El préstamo que ha solicitado es por 26,000 lempiras con el cual va comprar repuestos para la venta y reparación de las motocicletas. La inversión le va ayudar a mejorar la atención al cliente. Sus planes son obtener ganancias para mejorar su casa y ahorrar para que sus hijos estudien y lograr estabilidad en su negocio.

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.

About Honduras

  • $4,200
    Average annual income
  • 16
    View loans »
    Honduras Loans Fundraising
  • $8,227,050
    Funds lent in using Kiva
  • 19.7
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,325 helped Sergio to purchase spare parts to repair motorcycles, as well as to re-sell.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 25, 2013
Listed
Mar 20, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 18, 2014