Check out some available loans that are similar to this one!
Octavio Josue
Octavio is 21 years old, He is married, has 2 children, and lives with his wife and children in the town of Quimistán, Santa Bárbara.

He has been selling peanuts for many years. He buys them at wholesale and puts them in bags to sell. He also makes pirulines (sweets made from sugar, water, color, and flavoring) and sells them in the community.

This is the first time he has applied for a loan, which is for 15,000 lempiras. He will use it to buy supplies such as peanuts, sugar, food coloring, bags, and more.

The loan is to supply his business and improve his financial condition. His dream is to have a warehouse and several business stands.
View original language description ↓
Octavio, tiene 21 años, es casado, tiene dos hijos, vive con su esposa e hijos en el municipio de Quimistán, Santa Bárbara. Desde varios años se dedica a la venta de cacahuates, el compra el producto al por mayor y lo envasa en bolsas para vender. También elabora y vende pirulines (es un dulce hecho de azúcar, agua, color, sabores) este producto lo vende en la comunidad. Este préstamo que ha solicitado es el primero, el cual es por 15,000 Lempiras y los utilizara para comprar los insumos como cacahuates, azúcar, colorantes bolsas etc. Para surtir el negocio y mejorar su condición económica. Su sueño es llegar a tener una bodega y varios puestos de negocio.

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.

Tags

About Honduras

  • $4,200
    Average annual income
  • 59
    View loans »
    Honduras Loans Fundraising
  • $8,403,175
    Funds lent in using Kiva
  • 20.4
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Octavio Josue comprar los insumos como cacahuates, azúcar, colorantes bolsas etc. para su negocio.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 18, 2013
Listed
Jul 19, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2015