Five years ago, Iris established her own grocery business where she sells basic staples such as grains, sugar, lard, cleaning products, canned goods, dairy products, soft drinks, donuts, and other items. Her business has remained stable as a result of investing the loans.
Iris is currently requesting her third loan in the amount of 5,500 HNL so that she can buy basic grains, sugar, lard, dairy products, soft drinks, donuts, and bread to sell. As a result, she will maintain her inventory of products. Over time she intends to diversify her business and provide better service to her customers. Her plan is to improve her family’s financial standing and their quality of life.
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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