Funded

Total loan: $1,075
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Orlando

Honduras
Cofradía, Honduras / Grocery Store

A loan of $1,075 helped to buy food products and other items.


Orlando's story

Orlando, age 50, lives in San Juan Bosco, a village in Cofradía. Orlando has been married to his wife, Gloria, for 23 years. He has two grocery stores in the area, and Gloria helps him tend to the customers at those sites. The pair has two children, ages 18 and 16. The children attend school.

Orlando has devoted the past 16 years to the grocery stores. He established them in order to have his own work and to improve their standard of living. His grocery stores sell basic products like sweets, dairy products, vegetables, and other food products. In addition to this, they sell pens, notebooks, flashlights, soap, and string, among other products.

The grocery stores are in a central place with good movement. This has increased their performance. Orlando extends lines of credit to his customers with the expectation that they will be paying him little by little. He notes that sometimes collecting is a difficult aspect of his work.

Orlando has had 12 previous loans with ODEF. With this current loan for 20,000 lempiras Orlando will increase his inventory with the purchase of food products and other items. He hopes to stock the grocery stores more in order to be able to educate his children well. He hopes that they will graduate and one day learn to manage their businesses.

Translated from Spanish by Kiva volunteer Ginny Kalish



Loan details

Loan length:

13 months
Disbursed date: October 19, 2011
Facilitated by Field Partner: Organizacion de Desarrollo Empresarial Femenino (ODEF)

Lenders and lending teams



Loan details

Loan length:

13 months
Disbursed date: October 19, 2011
Facilitated by Field Partner: Organizacion de Desarrollo Empresarial Femenino (ODEF)