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G.s Los Agricultores Group
In this Group: Mariano, Jesus Oraldo, Jose Alvaro, Oscar Armando
Don Mariano is 64 years old, single, and has 1 child who lives with him in a small village in the town of Cofradia, Cortes. He has always made a living in agriculture. He has spent 20 years producing and harvesting corn and beans. He is requesting a loan for 2,500 lempiras to buy fertilizer and to clear the fields in order to maintain his corn and bean crops. Also so he will be able to earn a good profit and harvest and to grow. His goal is to maintain his business and grow other crops.

This group is called The Farmers and is made up of 4 members that making a living in agriculture and live in the same area. The group loan is for 12,500 Lempiras. They will invest it in the maintenance of their crops. In the photo from left to right is Mariano, Jesus, Jose, and Oscar.
View original language description ↓
Don Mariano, tiene 64 años de edad, esta soltero, tiene 1 hijo y vive con él en una aldea del municipio de Cofradía, Cortes. Siempre se ha dedicado a la agricultura, lleva 20 años de producir y cultivar maíz y frijoles, ha solicitado un préstamo por 2,500 lempiras para compra de abono y limpieza para darle mantenimiento a los cultivos de maíz y frijol y poder sacar una buena ganancia, cosecha y crecer. Su meta es mantener el negocio y cultivar otros productos.
Este grupo se llama Los Agricultores, formado por 4 miembros que se dedican a la agricultura y viven en la misma zona. El préstamo grupal es por 12,500 Lempiras que lo invertirán en el mantenimiento de los cultivos. En la foto a la izquierda esta Mariano, Jesús, José y Oscar a la derecha.

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.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Honduras

  • $4,200
    Average annual income
  • 25
    View loans »
    Honduras Loans Fundraising
  • $8,141,925
    Funds lent in using Kiva
  • 21.0
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A portion of G.s Los Agricultores Group's $600 loan helped a member to purchase fertilizer and pay to clear the fields in order to maintain his crops.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jul 17, 2014
Listed
Aug 23, 2014
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2015