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Update on Ramon

Ramón 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.
View original language description ↓
Don Ramón, tiene 51 años de edad, casado, tiene 8 hijos y vive en el municipio de Morazán, Yoro, junto a su esposa y 4 de sus hijos. En busca de obtener sus ingresos para la manutención familiar, hace 8 años decidió dedicarse a la venta de ropa como pantalones, jeans y camisas nuevas y usadas. Su negocio es ambulante él se ubica con su negocio en la calle peatonal de la ciudad. Ha mantenido esta actividad mediante varios préstamos que ha solicitado a ODEF, este préstamo que solicita es por 11,000 lempiras con el cual necesita comprar más mercadería de ropa como pantalones y camisas para surtir e incrementar las ventas y obtener mejores ingresos. Su meta es mantener y mejorar cada día su negocio para apoyar a sus hijos con el estudio y darles una mejor condición de vida a cada uno de ellos.

Previous Loan Details

Ramón, 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 »

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

  • $4,200
    Average annual income
  • 25
    View loans »
    Honduras Loans Fundraising
  • $8,141,925
    Funds lent in using Kiva
  • 19.4
    Honduras Lempiras (HNL) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $575 helped Ramon to purchase clothing, like pants and shirts, to sell.
89% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Feb 18, 2014
Mar 18, 2014
Currency Exchange Loss: