From a young age he has worked in agriculture and now he has been managing his own farm for the past six years. Whatever he produces is sold at the local market. Miguel has decided to request his third loan in order to buy compost and fertilizers for his coffee crop so that he can improve production. The loan is in the amount of 20,000 HNL. His goal is to improve his family’s living conditions.
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