A loan of $925 helped a member to buy clothes and wallets to stock her inventory.

Colonia Modelo Group's story

Simona is 59 years old, and she lives in the suburban neighborhood of San Pedro Sula. She is a single mother, and she has four children; ages 27, 26, 16, and 14. Her two youngest daughters are in school.

Not having financial help from her husband, she decided to start a business to generate income for her household and for her daughters’ education. She has been selling new and used clothes and wallets for approximately eight years. She sells door to door, and her daughters help her sell.

This is her first loan with ODEF. She has used it to buy more clothes in order to increase her inventory. She is going to take advantage of the peak Christmas season. All of this effort is to manage to have her daughters finish their education.

Simona (in the middle with the pink shirt) is a member of the Colonia Modelo group. The group is comprised of two other people, María Reina and Danubia. Reina (right, with a brown shirt) is 54 years old and she sells food in a cafeteria. Danubia (left, with a white shirt) is 32 years old, and she sells Arabella products (cosmetics) and clothes.

Each one of them has requested a loan for 5,700 lempiras, which makes the group total 17,100 lempiras.

In this group: Simona, Danubia Elizabeth, Maria Reina Pastora

Translated from Spanish by Kiva volunteer Ginny Kalish

Loan details

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Loan details