Doña María is 38-years-old, is married, has three children, and lives in the town of Santa Barbara. She has always dedicated herself to the cultivation of basic grains and coffee. Seven years ago, she decided to sell secondhand clothing such as shirts, jeans, shorts, blouses, children's clothing, etc. as well as footwear for ladies. She has requested several loans to keep this business activity ongoing. Her loan request is for 5,000 Lempiras and she has applied for this loan as part of a group. She will invest in buying a bundle of used clothing to sell in order to increase her income. She intends to invest the profits in the maintenance of her coffee farm.
The group to which she belongs is called Mujeres del Calvario S.B, which includes María and Clementina. In the right of the photo wearing the white blouse is María and the woman in the purple blouse is Doña Clementina. Both live in the same community and are both engaged in selling and agriculture. The group loan they are requesting is for 8,000 Lempiras to buy secondhand clothing to sell.
Doña María, tiene 38 años de edad, esta casada, tiene tres hijos y vive en el municipio de Santa Bárbara. Siempre se a dedicado al cultivo de granos básico y café. Hace 7 años decidió vender ropa de segunda como(camisas, jeans, short, blusas, ropa de niños, etc.)y también calzado para damas. Ha solicitado varios prestamos para mantener siempre una actividad de negocio. El préstamo que solicita es por 5,000 Lempiras y lo ha solicitado en forma grupal, con el cual va invertir en la compra de un fardo de ropa usada para vender y poder aumentar sus ingresos. ella piensa invertir las ganancias en el mantenimiento de la finca de café.
El grupo al que pertenece se llama Mujeres del Calvario S.B, lo integran María y Clementina, en la foto a la derecha esta María de blusa Color blanco y la de blusa Color Morado es doña Clementina, las dos viven es la misma comunidad y se dedican al comercio y agricultura. El préstamo que solicitan grupal es por 8,000 Lempiras para comprar ropa de segunda y vender.
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.