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Rohel Francisco

Update on Rohel Francisco

Rohel, 30, is married, has two children and lives in a village in the community of Gracias Lempira. He has always worked in agriculture, before he bought and sold cows and pigs. But for the last ten years he has worked cultivated coffee.

He sells the coffee as beans in the local market in the area. He is requesting his second cycle of loans for 15,000 Lempiras, which he will invest in the purchase of fertilizers, supplies and to pay for workers to make new coffee nurseries for planting. With this investment, he hopes to increase his crops and improve his future production of coffee. His goal is to expand his coffee crops to support the well-being of his family.
View original language description ↓
Rohel, tiene 30 años de edad, esta casado, tiene dos hijos y vive en una aldea de la comunidad de Gracias Lempira. El siempre se ha dedicado a la agricultura, anteriormente compraba y vendía vacas y cerdos. Pero hace mas de 10 años se dedica al cultivo de café. La producción es vendida en grano en el mercado local de la zona. Esta solicitando el segundo ciclo de préstamo por 15,000 Lempiras, el cual lo invertirá en la compra de fertilizantes y abonos y pago de mano de obra para hacer nuevos viveros de café para sembrar. Con esta inversión el espera aumentar el cultivo y mejorar la producción de café a futuro. Su meta es ampliar el cultivo de café para tener bienestar en su familia.

Previous Loan Details

Rohel is 29 years old, married, has two children, and lives in a village in the Gracias Lempira community. He has always worked in agriculture, he used to work selling cows and pigs. Ten years ago, he started working growing coffee. He sells is coffee beans in the local market. He is seek... More from Rohel Francisco'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
  • 18
    View loans »
    Honduras Loans Fundraising
  • $8,346,875
    Funds lent in using Kiva
  • 19.1
    Honduras Lempiras (HNL) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $800 helped Rohel Francisco to buy fertilizers and pay for workers to build coffee nurseries for planting.
98% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 9, 2014
Listed
Jun 9, 2014
Currency Exchange Loss:
Possible
Ended:
Apr 18, 2015
This photo was used before for a previous loan for Rohel Francisco. It was first posted on Kiva on Dec, 2013. Learn More