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Melvin Isidro
Melvin is 27 years old, he is in a common-law marriage relationship, and he lives with his partner, his parents and his two children in the village of El Negrito, Yoro. He has been engaging in growing his own rice crops for 5 years, having helped his father growing basic grains while he was still a student. He sells his rice crops in other towns away from his hamlet. He is requesting a loan of 10,000 HNL that he will use to purchase fertilizers and to pay laborers who will pour them out. This method will help him succeed in improving his production. His goal is to expand the land of his crop by one manzana (one manzana = 1.68 acres*) and to succeed in having his home built.
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Melvin, tiene 27 años de edad, vive en unión libre con su esposa, tiene dos hijos y reside en la aldea el Negrito, Yoro junto a sus padres, esposa e hijos. Anteriormente se dedicaba a estudiar y ayudaba a su padre a cultivar granos básicos, ahora lleva 5 años de realizar sus propios cultivos de arroz. Esta producción la comercializa en otras ciudades fuera de la zona. El préstamo que solicita es por 10,000 lempiras con el cual va comprar fertilizantes y pago de mano de obra para su aplicación. Con esta asistencia lograra mejor producción. Su meta es ampliar el cultivo a una manzana mas y poder construir su casa.

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
  • 28
    View loans »
    Honduras Loans Fundraising
  • $8,146,250
    Funds lent in using Kiva
  • 19.7
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Melvin Isidro to buy fertilizers and to pay laborers.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 15, 2014
Listed
Feb 24, 2014
Currency Exchange Loss:
Possible
Ended:
May 18, 2014