Nilda has a business where she sells novelties such as clothes, shoes, toys, household decorations, and other items. She had dedicated herself to the household activities, but eight years ago she decided to start her own business. The business has remained active since she has invested several loans.
The loan she is requesting is her ninth request with ODEF and is in the amount of 18,000 HNL. The money will be invested in her store by purchasing merchandise (clothes, decorations, household utensils, shoes, toys, and other items). Her plan is to expand her business since it is her only and largest source of income.
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