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Hernandez Elio
Hernández, is 50 years old, a widower who has two children. They live in the municipality of Yoro. For the past twelve years he has run a business as a street seller, offering a variety of products such as clothing, shoes, plastic articles and bedding. He also likes agriculture and livestock raising. Hernández is asking for a loan of 20,000 Lempiras which he will use to buy a milk cow and also to generate revenue for his business. His dream is to move his business to a strategic location, thereby being able to offer a higher standard of living to his children.
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El señor Hernández, tiene 50 años de edad, es soltero por viudez, tiene dos hijos y vive en el municipio de Yoro. El tiene un negocio desde hace 12 años de venta de mercadería, ofrece variedad de productos como ropa, calzado, plásticos y ropa de cama. La venta la realiza de manera ambulante. Además le gusta la agricultura y ganadería. El préstamo que solicito es por 20,000 Lempiras el cual los invertirá en la compra de una vaca lechera y también para generar ingresos al negocio. Su sueño es colocar el negocio en un lugar estratégico y poder darles calidad de vida a sus hijos.

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
  • 27
    View loans »
    Honduras Loans Fundraising
  • $8,241,875
    Funds lent in using Kiva
  • 20.4
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Hernandez Elio to buy a milk cow to generate other income.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 19, 2013
Listed
Jul 29, 2013
Currency Exchange Loss:
Possible
Ended:
May 18, 2014