Los Luchadores Group
He has decided to request a loan for 7,000 lempiras to buy fertilizers and to fertilizer the coffee farm. He will do this in order to get good harvests and to improve his living conditions. This is a group loan.
The group is named Los Luchadores, and it is comprised of 11 people. They have requested a loan for the total of 68,000 lempiras to buy fertilizers and to clear the fields on the coffee farm. All of them are from the same community, and they are farmers.
In the photo, starting on the left, they are Ubaldo in a red hat, Miguel in a beige shirt, Víctor in a white hat, Israel in a red shirt, Félix in a sky blue shirt, Miguel Angel, the coordinator, in a yellow shirt, Rigoberto, on the right, in a beige hat. From the front left is Mártir, then María in a blue blouse, Ermelinda in a red blouse, and María Aracely is on the right with a skirt.
El grupo se llama Los Luchadores y esta formado por 11 personas, quienes han solicitado un préstamo total por 68,000 lempiras para comprar fertilizantes y limpiar la finca de café. Todos viven en la misma comunidad y se dedican a la agricultura.
En al foto se identifican así. A la izquierda esta Ubaldo de gorra roja, sigue Miguel camisa beige, Víctor de gorra blanca, Israel de camisa roja, Félix con camisa celeste, Miguel Angel coordinador camisa amarilla, Rigoberto a la derecha de gorra beige, al frente esta a la izquierda Mártir, sigue María de blusa azul, Ermelinda de blusa roja, y María Aracely con falda a la derecha.
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.
This is a Group Loan
In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.
Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.
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Success!! The loan was 100% repaid