Update on RamonRamón is 51 year old, married, has 8 children, and lives in the Morazán municipality in Yoro with his wife and 4 of his children. Eight years ago, while searching for a job so he could provide for his family, he decided to sell new and used clothing, like pants, jeans, and t-shirts. Since his business is mobile, he stations himself on the sidewalk in the city.
He has maintained this job through various loans from ODEF. At this time, he requests 11,000 lempiras, which he will use to purchase more merchandise, like pants and t-shirts to stock his business and increase his sales and income.
His goal is to continue to maintain and improve his business so that he can support his children's education and provide a better quality of life to each of them.
Previous Loan DetailsRamón, 51, is married and has 8 children. He lives in the town of Morazán, Yoro, with his wife and four of his children. Eight years ago he decided to sell clothes such as trousers, jeans and new and used shirts in order to have an income to support his family. His business is ambulatory; he sets… More from Ramon's previous loan »
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.
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