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Modesto
Modesto is 50 years old and lives with his wife and son in the town of Victoria. He has always been a farmer, working the fields and also selling meat. He has been raising corn and beans for 10 years as part of his own business, and sells his harvest at the local market. He is asking for a loan of 12,000 Lempiras to buy fertilizer for his corn and bean crops, so that the quality of his harvest will improve. His plans are to improve his crops, become a great producer, and improve his family’s quality of life.
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Modesto, tiene 50 años de edad y vive con su esposa e hijo en el municipio de Victoria. Siempre se ha dedicado a la agricultura realizando trabajos de jornal y también a la venta de carne. Ahora lleva 10 años de dedicarse al cultivo de maíz y frijoles como negocio propio, la producción la vende en el mercado local de la zona. El préstamo solicitado es por 12,000 Lempiras y lo va invertir en la compra de abono para el cultivo del maíz y frijoles para que la producción y la calidad del producto mejoren. Su plan es seguir mejorando en el cultivo de maíz y frijoles, también ser un gran productor de estos granos y mejorar las condiciones de vida de su familia.

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
  • 57
    View loans »
    Honduras Loans Fundraising
  • $8,403,175
    Funds lent in using Kiva
  • 20.4
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Modesto to buy fertilizer.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jul 27, 2013
Listed
Aug 22, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014