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Nicomedes
Nicomedes is 69 years old, single, has three children, and lives in a small village in the Arizona municipality, in Atlantida. Before, he was a farmer. Six years ago, he decided to start his own business, selling clothes for children, men, and women, as well as shoes, lotions, cosmetics, accessories, etc. He has his store in his home and has invested several loans in it. He has been through four loan cycles. With the current one, which is for L. 20,000, he will invest in the purchase of clothes for women, men, and children. He hopes to have more inventory to offer a variety of products and be able to move forward.
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Don Nicomedes tiene 69 años de edad, es soltero, tiene tres hijos y vive en una aldea del municipio de Arizona, Atlántida. Anteriormente se dedicaba a la agricultura. Hace 6 años decidió por establecer su propio negocio donde vende ropa de niño, caballeros y damas, calzado, lociones, cosméticos, accesorios etc. El negocio lo tiene en su casa y le ha invertido varios préstamos, lleva cuatro ciclos con el actual que es por L.20,000, el cual lo invertirá en la compra de ropa para damas, caballeros y niños. El espera tener más surtido su negocio para ofrecer variedad de productos y poder salir adelante.

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

  • $4,800
    Average annual income
  • 64
    View loans »
    Honduras Loans Fundraising
  • $8,631,200
    Funds lent in using Kiva
  • 20.4
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Nicomedes purchase clothes for women, men, and children, to sell.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 4, 2013
Listed
Jul 28, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2014