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Cecilio
49-year-old Cecilio is single and has five children. He lives with his son, daughter-in-law and two grandchildren in a small village in Intibucá. He has been farming since he was young, growing corn and beans, and also doing building work. 27 years ago he managed to set up his own furniture-making workshop where he makes doors, windows, kitchen cabinets, tables, chairs, wardrobes, etc. His workshop is located in his home and his customers come from his community.

Cecilio has decided to take out a loan for 25,000 lempiras to buy wood, varnish, paints and other materials for making some pieces of furniture that he needs to finish. His goal is to save for his future, his son and his family.
View original language description ↓
Cecilio, tiene 49 años de edad, es soltero, tiene 5 hijos, vive con su hijo, nuera y dos nietos en una aldea del municipio de Intibucá. Desde joven se dedico a la agricultura al cultivo de maíz y frijoles y a la albañilería y hace 27 años logro establecer su propio taller de ebanistería donde elabora puertas, ventanas, muebles de cocina, mesas, sillas, roperos etc. El taller lo tiene en su casa y sus clientes son de la comunidad. El ha decidido por un préstamo de 25,000 Lempiras para comprar madera, barniz, pinturas y otros materiales para la fabricación de muebles que tiene pendientes por terminar. Su meta es ahorrar para su futuro hijo y su familia.

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
  • 37
    View loans »
    Honduras Loans Fundraising
  • $7,989,275
    Funds lent in using Kiva
  • 20.2
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,250 helped Cecilio to buy wood, varnish, paints and other materials for making furniture.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 18, 2013
Listed
May 30, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 20, 2015