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Raul Edgardo
Raul is 40 years old, married, and has two children. He lives with his family in the city of Choloma, Cortes.

Raul's business is a woodworking shop where he makes fine wooden furniture such as doors, wardrobes, closets, and kitchen furniture. He started this business five years ago and works there full time. His business has grown with the help of Odef, which has financed his two previous loans, which he has repaid on time.

His third loan is for 10000 lempiras. He is requesting the loan to purchase wood to make furniture and expand his business to new areas to increase sales.
View original language description ↓
Don Raul,tiene 40 años, es casado,tiene dos hijos, vive con su familia en la ciudad de Choloma, Cortes.
Don Raul su negocio es un taller de ebanisteria donde hace muebles finos de madera, como puertas,roperos, closet, muebles de cocinaetc. Desde hace 5 años establecio este negocio al que le dedica tiempo completo, el cual ha crecido con la ayuda de Odef quien le ha financiado 2 prestamos anteriores los cuales ha pagado a tiempo. Su tercer prestamo actual es de 10000 lempiras, el cual solicito para comprar materia prima (madera), para elaborar los muebles y expandir el negocio a los alrededores para obtener mayor venta.

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
  • 25
    View loans »
    Honduras Loans Fundraising
  • $8,141,925
    Funds lent in using Kiva
  • 19.6
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Raul Edgardo to purchase materials (wood) to make furniture to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 14, 2013
Listed
Apr 6, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2014