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Magda Sagrario
Magda is 27 years old, a single mother, has one son, and lives in the town of Victoria, Yoro. More than four years ago she established her own grocery store where she sells staple goods like basic grains, sugar, soap, sweets, lard, salt, bread, eggs, toilet paper, condiments, etc. She also gets other income working as the social coordinator in the community's health center.

The loan that she asks for is the second that ODEF has granted her and it is for 25,000 Lempiras, which she will use to stock up her grocery store with basic goods like rice, sugar, beans, lard, cleaning products, eggs, bread, pasta, flour, etc. Her goal is to improve her financial level so that her son can go to school.
View original language description ↓
Magda, tiene 27 años de edad, es madre soltera, tiene un hijo y vive en el municipio de Victoria, Yoro. Hace más de 4 años que estableció su propia pulpería donde vende productos de la canasta básica familiar como granos básicos, azúcar, jabón, dulces, manteca, sal, pan, huevos, papel higiénico, condimentos, etc. También obtiene otros ingresos prestando el servicio de promotora social en el centro de salud de la comunidad. el préstamo que solicita es el segundo que ODEF le otorga y es por 25,000 Lempiras el cual los utilizara para surtir la pulpería con productos básicos como arroz, azúcar, frijoles, manteca, productos de limpieza, huevos, pan, pastas, harina, etc. Su meta es mejorar su nivel económico para que su hijo estudie.

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
  • 18
    View loans »
    Honduras Loans Fundraising
  • $8,346,875
    Funds lent in using Kiva
  • 20.3
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,250 helped Magda Sagrario to stock up her grocery store with basic goods like rice, sugar, beans, lard, cleaning products, eggs, bread, pasta, flour, etc.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 29, 2013
Listed
Jun 21, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 18, 2014