Marcelino has been earning his living as a fisherman for 10 years. He catches a variety of fish and sells them in the community. Marcelino has been a client of ODEF for eight loan cycles. His current loan is in the amount of 10,000 HNL and will be used to buy fishing equipment such as ropes, hooks, sinkers, and two used coolers. His goal is to become prepared to fish so that he can increase his business and generate good income for his family’s welfare.
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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Success!! The loan was 100% repaid