Check out some available loans that are similar to this one!
Trinidad

Update on Trinidad

Trinidad is 59 years old, married, and has three children. He lives in a neighborhood in the city of Choloma, Cortes.


Don Trinidad has a business that involves making rope, agave cord, and hammocks. He has been in this line of work for 26 years. This business enables him to improve his quality of life and that of his family. With the loans provided by ODEF, Trinidad has been able to maintain a stable business.


He is requesting his third loan from ODEF in the amount of 21,000 HNL. The money will be used to buy material (agave fiber) for making ropes and hammocks that he can sell. His goal is to improve his business so that it will generate a profitable income which will result in a better standard of living for his family.

View original language description ↓
Trinidad tiene 59 años de edad, es casado y tiene 3 hijos y vive en una aldea que pertenece a la ciudad de Choloma, Cortes.
Don Trinidad se dedica a una actividad que es hacer lazos, cabuyas y hamacas. Lleva ejerciendo esta actividad desde hace 26 años. Este negocio le ha permitido mejorar su calidad de vida y la de su familia. Y con los financiamientos que ODEF le ha proporcionando ha logrado mantener estable su negocio.
Ha decidido solicitar un tercer préstamo a ODEF el cual es por 21,000 lempiras, y lo utilizara para comprar materiales (cabuya) para elaborar lazos y hamacas para la venta.
Su meta es mejorar su negocio para que sus ingresos sean rentables y darle un mejor nivel de vida a su familia.

Previous Loan Details

Trinidad is 58 years old and married. He has three children, and he lives in the city of Choloma, Cortes. Trinidad devotes himself to the business activity of making cords, pita rope, and hammocks. He has been doing this for 26 years. This business has allowed him to improve his quality of ... More from Trinidad's previous loan »

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.

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.

About Honduras

  • $4,800
    Average annual income
  • 94
    View loans »
    Honduras Loans Fundraising
  • $8,680,050
    Funds lent in using Kiva
  • 19.7
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,075 helped Trinidad to buy agave fiber for making ropes and hammocks.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 4, 2013
Listed
Apr 2, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2014
This photo was used before for a previous loan for Trinidad. It was first posted on Kiva on May, 2012. Learn More