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Andres
Andrés is 52 years old, single, and lives in the town of Choloma, Cortes. He has been buying and selling stuff his whole life and has been selling general merchandise from his home for a number of years. Andrés sells sandals, cosmetics, talcum powder, disposable razors, bath soap, toilet paper, sanitary towels, shampoo, creams, etc. This business is his source of income and he puts all the time he needs to into it.

Andrés has decided to request a second loan for 20,000 lempiras to buy products and stock his business. He will buy sandals, cosmetics, personal care products and personal hygiene products. This loan will help him to increase his sales and his income. His goal is to expand his market so that he can increase his sales.
View original language description ↓
Don Andrés, tiene 52 años de edad, esta soltero, vive en el municipio de Choloma, Cortes. El, toda su vida se ha dedicado al comercio, tiene varios años de vender mercadería en general en su casa. Vende sandalias, cosméticos, talcos, presto barba, jabón de baño, papel higiénico, toallas sanitarias, champú, cremas, etc. Este negocio es su fuente de ingresos al que le dedica todo el tiempo necesario. Ha decidido solicitar un segundo préstamo por 20,000 Lempiras para comprar productos y surtir el negocio como ser: sandalias, cosméticos, productos de aseo e higiene. El préstamo le ayudara a incrementar las ventas y los ingresos. Su meta es ampliar el mercado para incrementar las ventas.

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
  • 35
    View loans »
    Honduras Loans Fundraising
  • $7,986,350
    Funds lent in using Kiva
  • 19.3
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,050 helped Andres to buy sandals, cosmetics, personal care products and personal hygiene products.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 10, 2013
Listed
May 3, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2014