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Celaque Group
In this Group: Maria Nicolasa, Carmen Geraldina, Maria Brigida, Glendy Beatriz
Glendy is 21 years old and lives in a common law marriage with her husband, with whom she has one son. She lives in the town of Gracias, Lempira. Since she was young she has made a living in agriculture with her father, but for four years she has had her own coffee crop. This activity is the source of income that covers the household expenses.

She has asked for a loan in group form, of which she is personally requesting 5,000 Lempiras in order to buy fertilizer and manure, and to prune the coffee farm. Her goal is to provide better support for the farm and to grow as a coffee grower. Her plan is to help her family.

The group is called Celaque and is made up of four members who live in the same community and make a living as coffee growers. The group loan that has been requested is for 20,000 Lempiras and is going to be used to purchase fertilizers and supplies to maintain and prune the coffee farm.

In the photo the members can be identified as such: on the left is Carmen, then María Nicolasa, María Brígida, and Glendy on the right.
View original language description ↓
Glendy, tiene 21 años de edad, vive en unión libre con su esposo con quien tiene un hijo y reside en el municipio de Gracias Lempira. Ella desde pequeña se dedica a la agricultura junto a su padre, pero hace 4 años tiene su propio cultivo de café. esta actividad es la fuente de ingresos donde aporta con los gastos del hogar. Ha solicitado un préstamo de forma grupal, en lo personal solicita 5,000 Lempiras para comprar fertilizantes y abonar y limpiar la finca de café, con el objetivo de brindarle buena asistencia a su parcela y crecer como caficultora. Su plan es ayudar a su familia.
El grupo se llama Celaque, y se forma de cuatro integrantes, que viven en la misma comunidad y se dedican a la caficultura. El préstamo grupal que solicitan es por 20,000 Lempiras y lo van a invertir en la compra de fertilizantes, insumos para el mantenimiento de la finca de café y limpieza de la misma. En la foto se identifican así: a la izquierda esta Carmen, sigue María Nicolasa, María Brígida y Glendy a la derecha.

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.

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.

About Honduras

  • $4,800
    Average annual income
  • 36
    View loans »
    Honduras Loans Fundraising
  • $8,936,725
    Funds lent in using Kiva
  • 20.3
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A portion of Celaque Group's $1,000 loan helped a member to buy supplies and fertilizer in order to maintain the coffee farm.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
At end of term
Oct 25, 2013
Nov 17, 2013
Currency Exchange Loss:
Jun 17, 2014