Alfonso started out selling basic grains, but now he produces coffee in parchment and then sells it to brokers at the local market. He has kept his crops well-maintained as a result of investing several loans. Alfonso is requesting his tenth loan in the amount of 10,000 HNL so that he can buy compost, fertilizers, and pay for weeding and the planting of coffee. This investment will help him to continue improving his farm and obtain better production. His plan is to expand his crop and his production.
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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