Funded

Total loan: $275
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Alex Omar


A loan of $275 helped to invest in growing corn.


Alex Omar's story

Alex, age 37, lives in the rural village of Tapikilares in the San Francisco Yojoa municipality. He has been married to his wife, Mirna, for 15 years. The couple has three children; ages 15, 13, and 2.

Alex grows corn, and he currently has two “manzanas” (a land measurement unit equivalent to 7000 square meters or 1.728 acres) of land. He learned this trade from his parents, who were farmers. Alex has devoted himself to farming since he was a boy. He continues with this business activity that he inherited in order to improve his family’s standard of living. His children also participate in the farming activities when they are not in school.

After the harvest Alex usually takes the corn to the market to sell and to trade. When there is an abundance of corn the prices drop. When there is a scarcity, Alex does not have to go to the market because the buyers come to look for corn in communities like his. Alex takes advantage of this to raise his prices and get better income.

Alex will use this loan for 5,000 lempiras to invest in farming. This is the first loan that he has managed. He hopes to continue with the farming activity in order to finish educating his children.

Translated from Spanish by Kiva volunteer Ginny Kalish



Loan details

Loan length:

8 months
Repayment schedule: At end of term
Disbursed date: October 31, 2011
Facilitated by Field Partner: Organizacion de Desarrollo Empresarial Femenino (ODEF)

Lenders and lending teams



Loan details

Loan length:

8 months
Repayment schedule: At end of term
Disbursed date: October 31, 2011
Facilitated by Field Partner: Organizacion de Desarrollo Empresarial Femenino (ODEF)