Check out some available loans that are similar to this one!
Hector David
Hector, 30, lives in a common-law marriage with his wife. He has four children and lives in the municipality of Choloma, Cortes. He previously worked in a maquila [factory in a free-trade zone], and when he lost his job, he opened his own workshop repairing and making shoes for men, women, and children. He has applied for four loans to invest in his business. Currently, he is asking for another 15,000 lempiras and he will invest it in materials for repairing and making shoes, such as leather, thread, glue, insoles, etc. This loan will help him to improve his inventory and that way he will have increased production and better earnings. His goal is for his children to have a better education and for his business to improve.
View original language description ↓
Hector, tiene 30 años de edad, viven en unión libre con su esposa, tiene cuatro hijos y reside en el municipio de Choloma,Cortes. Anteriormente trabajo como operario de Maquila y al quedar sin empleo puso su propio taller de reparación y elaboracion de calzado para damas, caballero y niños. Ha solicitado cuatro préstamo para invertirle a su negocio, actualmente solicito otro por 15,000 Lempiras y lo va invertir en la compra de materiales para la reparación y elaboración de calzado como cuero,hilos,pegamento,plantillas etc.. Este préstamo le ayudar a mejorar el inventario y asi poder obtener mejor producción y ganancias. Su meta es que sus hijos puedan tener una mejor educación y que su negocio mejore.

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.

Tags

About Honduras

  • $4,200
    Average annual income
  • 34
    View loans »
    Honduras Loans Fundraising
  • $7,982,500
    Funds lent in using Kiva
  • 20.4
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Hector David to buy materials to make shoes, like thread, insoles, glue, leather, etc.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 17, 2013
Listed
Nov 3, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2014