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Marcelino
Don Marcelino is 62 years old, married and looks after three children. He lives in the town of Omoa, Cortes. He has had a business selling tripe and pork rinds for two years. He has decided to seek a third loan, this time for 13,000 lempiras, which he will invest in the purchase of beef tripe and pork slices to make and sell pork rinds.

This loan will help his business to grow and he will have capital to work with. His objective is to feed and clothe his family, and also to increase his business and increase his income.
View original language description ↓
Don Marcelino, tiene 62 años de edad, esta casado, tiene tres hijos a su cargo y vive en el municipio de Omoa, Cortes. Hace 2 años que tiene el negocio de la venta de mondongo y chicharrones. Ha decidido solicitar el tercer préstamo el cual es por 13,000 Lempiras y lo va invertir en la compra de mondongo de res y lonja de cerdo para hacer los chicharrones y vender. Este préstamo le ayudara a crecer en el negocio y tener capital para trabajar. Su objetivo es mantener su familia con alimentos y vestuario, también crecer con el negocio y aumentar los ingresos.

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.

About Honduras

  • $4,200
    Average annual income
  • 27
    View loans »
    Honduras Loans Fundraising
  • $8,199,100
    Funds lent in using Kiva
  • 20.4
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Marcelino to purchase beef tripe and slices of pork to make and sell pork rinds.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 19, 2013
Listed
Aug 16, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2014