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Samuel
Samuel is 64 years old, married and has 11 children. He lives in a small town in the municipality of Santa Cruz de Yojoa. He has always made a living in agriculture, growing basic grains like corn and beans. Twelve years ago he started growing another crop, yucca. He sells his goods at the local market. He decided to request his fifth loan cycle, which he plans to use to purchase fertilizers and manure for his yucca crops and to pay for labor to care for them. His goal is to expand his production and take in a better harvest so he can help his children's education.
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Samuel, tiene 64 años de edad, es casado, tiene 11 hijos, vive en una aldea del municipio de Santa Cruz de Yojoa. Don Samuel siempre se ha dedicado a la agricultura de granos básicos como maíz y frijoles, hace 12 años implemento otro cultivo que es la producción de yuca. Esta producción la vende en el mercado local. Ha decidido por solicitar otro préstamo por 8,000 Lempiras, siendo este el quinto ciclo. Invertirá el préstamo en la compra de fertilizantes y abonos para el cultivo de yuca y pago de mano de obra para darle mantenimiento al mismo cultivo. Su objetivo es ampliar el cultivo y sacar mejor cosecha. Tiene como plan mejorar la producción para ayudar a sus hijos con el estudio.

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
  • 37
    View loans »
    Honduras Loans Fundraising
  • $7,989,275
    Funds lent in using Kiva
  • 19.6
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Samuel to purchase fertilizers and manure, and to pay for labor to clean his yucca, corn and bean crops.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 22, 2013
Listed
Apr 5, 2013
Currency Exchange Loss:
Possible
Ended:
May 18, 2014