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Jose Maria

Update on Jose Maria

José, 34, is married and lives with his wife and two children in a town in the region of San Francisco, Atlántida.

For 5 years, José has run his own business. He is a travelling salesman with his own vehicle and travels around his area selling cabbage, tomatoes, carrots, potatoes, lettuce, onion, cucumber, garlic, chilies and seasonal fruits like rambutan, lychees and others.

The loan that he has requested is the second cycle and is for 25 000 HNL to buy fruit and vegetables to sell. He needs to stock and grow his sales to increase his income.

His goal is to grow his business and see his children graduate and have a better quality of life.
View original language description ↓
José, tiene 34 años de edad, es casado, vive con su esposa y sus dos hijos en una aldea que pertenece al municipio de San Francisco, Atlántida. Hace 5 años que José, se dedica a su propio negocio. El vende producto de forma ambulante en un vehículo, recorre en su aldea ofreciendo repollo, tomate,zanahorias, papas, lechuga, cebolla, pepino, ajos, chiles, y fruta de temporada como rambután, lichas y otras. El préstamo que ha solicitado es el segundo ciclo y es por 25,000.00 lempiras para comprar frutas y verduras para la venta, el necesita surtir y aumentar las ventas para incrementar los ingresos. Su meta es hacer crecer el negocio y lograr que sus hijos se gradúen y que tengan un nivel de vida mejor.

Previous Loan Details

José María, 33, is married living with his wife and two children in a village that belongs to the municipality of San Francisco, Atlántida. He’s been in business for himself for five years. He sells products from place to place in a vehicle. He goes through his village offering cabbage, tomato... More from Jose Maria's previous loan »

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.

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.

Tags

About Honduras

  • $4,800
    Average annual income
  • 82
    View loans »
    Honduras Loans Fundraising
  • $8,816,850
    Funds lent in using Kiva
  • 20.4
    Honduras Lempiras (HNL) = $1 USD
Expired
A loan of $1,250 helped Jose Maria to buy fruit and vegetables to sell.
Repayment Term
27 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 20, 2013
Listed
Sep 9, 2013
Currency Exchange Loss:
Possible
Expired:
Oct 9, 2013
This photo was used before for a previous loan for Jose Maria. It was first posted on Kiva on Jan, 2013. Learn More