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Rita Elizabeth
Rita is 41 years old, married with four children and lives in Esparta Atlántida. Four years ago she decided to set up her own business selling staple products such as rice, beans, sugar, butter, flour and cleaning and hygiene products. She is applying for a third loan, worth 21,000 Lempira, that she will use to stock up the store with everyday food products and to buy clothes to sell. Rita's plan is to expand the business and increase her income.
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Rita, tiene 41 años de edad, es casada, tiene 4 hijos y vive en el municipio de Esparta Atlántida. Hace 4 años ella decidió por establecer su propio negocio donde vende productos de la canasta básica familiar como arroz, frijoles, azúcar, manteca, harina, productos de limpieza y aseo etc. Esta solicitando el tercer préstamo el cual es por 21,000 lempiras y lo va invertir en surtir el negocio con productos alimenticios de consumo diario y una parte en compra de ropa para vender. Su plan es hacer crecer el negocio y obtener mejores ganancias.

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

  • $4,800
    Average annual income
  • 73
    View loans »
    Honduras Loans Fundraising
  • $8,656,500
    Funds lent in using Kiva
  • 19.4
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Rita Elizabeth to buy staple products to stock up her grocery store.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 11, 2013
Listed
Apr 17, 2013
Currency Exchange Loss:
Possible
Ended:
May 18, 2014