Total loan: $900

Miguel Angel

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El Progreso, Yoro, Yoro Department, Honduras / Manufacturing

Miguel Angel's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!

A loan helped to purchase raw materials such as wood, paint, a square, screwdriver, plane, hammer, tape measure, drill press, circular saw, nails, brushes and drills.

Miguel Angel's story

Miguel is a 35-year-old man, married, with 2 young children. He lives with his wife and children in the municipality of El Negrito, Yoro.

He previously worked as an employee in a furniture-making shop. But, his salary was not enough to pay the house expenses and school and food expenses. He decided to establish his own furniture-making shop where he makes kitchen and living room furniture, bedroom furniture, cabinets, dining tables, coffee tables, chairs, and plate holders.

He asks for a loan from ODEF for 21,000 lempiras to invest in the purchase of raw materials for his business such as wood, paint, a square, screwdriver, plane, hammer, measuring tape, drill press, circular saw, nails, brushes, and drills.

Getting this loan will help him to have more materials to make different types of furniture. His goal is to expand his business to get more income and establish himself financially.