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Pedro
63 year old Don Pedro is married, has 6 children, and lives in the village of Nueva Frontera, Santa Bárbara. He has dedicated his whole life to farming corn and beans. 15 years ago he decided to plant coffee on some of his land. He sells the coffee beans in the same area. In order to improve his farm, he has requested a loan of $500 to buy fertilizers and to pay day laborers to help him to clear the land. With this assistance, he hopes to obtain a better harvest. His plan is to increase the planted area and to increase production to obtain better profits and to be able to live better.
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Don Pedro, tiene 63 años de edad, es casado, tiene 6 hijos y vive en la aldea de Nueva Frontera, Santa Bárbara. toda su vida la a dedicado a la agricultura de cultivo de maíz y frijoles. Hace 15 años decidió por cultivar una parcela de café. El café lo vende en grano en la misma zona. Para mejorar su finca ha solicitado un préstamo por 10,000 Lempiras con el cual va comprar fertilizantes y va pagar jornalero que le ayude para limpieza de la finca. Con esta asistencia el espera obtener mejor cosecha. Su plan es ampliar la siembra e incrementar la producción para obtener mas ganancias y poder vivir mejor.

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
  • 21
    View loans »
    Honduras Loans Fundraising
  • $8,492,900
    Funds lent in using Kiva
  • 20.4
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Pedro to clear and fertilizer land for growing coffee.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Aug 16, 2013
Listed
Sep 23, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014