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Isidra

Update on Isidra

Isidra is 54 years old, married and has two children. She lives in Puerto Cortes. She used to sell fruits and other goods, but two years ago she started to make iron chairs, decorated with nylon twine.

Isidra has received several loans from ODEF to invest in her business. She is now requesting a loan of 15,000 Lempiras [HNL] to buy materials such as iron, tin and nylon twine for making chairs. Her goal is to earn good profits and expand her business.
View original language description ↓
Doña Isidra, tiene 54 años de edad, esta casada, tiene dos hijos y vive en el municipio de Puerto Cortes. Anteriormente se dedicaba a la venta de frutas y mercadería. Hace aproximadamente 2 años que se dedica a la elaboración de sillas de hierro decoradas con cabuya de nylon para la venta. Ella ha mantenido varios prestamos con ODEF para inversión en sus negocios. Actualmente solicita otro préstamo por 15,000 Lempiras y lo va invertir en la compra de materiales como hierro, estaño y cabuya de nylon para la elaboración de las sillas. Su plan es obtener buenas ganancias para agrandar mas el negocio.

Previous Loan Details

Doña Isidra is 54-years-old, married, has two children, and lives in the town of Puerto Cortes. She was previously engaged in the sale of fruits and other merchandise. About a year ago, she dedicated herself to making iron chairs decorated with nylon twine to sell. She has had several loans with ... More from Isidra'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.

About Honduras

  • $4,800
    Average annual income
  • 82
    View loans »
    Honduras Loans Fundraising
  • $8,845,600
    Funds lent in using Kiva
  • 20.1
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Isidra to buy materials such as iron, tin and nylon twines to make chairs.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 8, 2014
Listed
Feb 24, 2014
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014
This photo was used before for a previous loan for Isidra. It was first posted on Kiva on Nov, 2013. Learn More