Update on Mirna YeceniaMirna is 31 years old, she is married and has 3 children. She lives in a community of the Santa Cruz de Yojoa municipality.
The economic activity that generates an income for her family is a small grocery store where she sells staple goods (rice, beans, milk products, lunch meats, wheat and corn flours, eggs, salt, bread, drinks and personal hygiene products). She has had the chance to invest in three loans which have helped her to keep her business active.
Currently she is applying for the fourth cycle of a L.15,000.00 loan, which she will invest in the purchase of edible goods such as basic grains, sugar, lard, drinks, churros, bread, vegetables, etc. in order to stock her grocery store. Her goal is to offer a greater variety of products to her clients, increase her business and help with the studies on her children.
Previous Loan DetailsMirna, age 30, is married and has three children. She lives in a community in the Santa Cruz de Yojoa municipality. Her business activity that generates income for her family is a small grocery store. She sells basic needs products (rice, beans, wheat flour, corn flour, and eggs) and hygiene… More from Mirna Yecenia's previous loan »
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.
Concurrent and Successive Loans
Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.
This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.
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Success!! The loan was 100% repaid