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Santiago, 61, is single and has a 14-year-old son; he lives in the municipality of Choloma’s López Arellano neighborhood in Cortes.

Santiago earns his living buying and selling shoes from place to place and on order; he’s always been a merchant. He has 16 years’ experience. He sells shoes for women, men and school shoes for children. He takes advantage of weekends to sell more. He sets himself up across from an assembly plant and waits for the employees to offer them his products.

His business has grown thanks to loans and the one he’s requesting now is his 5th and is for 24,000 lempiras that he’ll use to buy sandals in assorted styles for women since he has pending orders to fill. With this investment he will increase sales and income. His future goal is to have a locale in front of his house to set up the business and have a fixed locale for it.
View original language description ↓
Don Santiago tiene 61 años de edad, soltero, tiene un hijos de 14 años de edad, vive en la Colonia López Arellano, del municipio de Choloma Cortes.
Don Santiago, se gana la vida comprando y vendiendo zapatos de manera ambulante y por pedidos, siempre se ha dedicado al comercio, tiene 16 años de experiencia. el vende zapato para damas, caballeros y zapato escolar para niños, los fines de semana aprovecha a vender más, se coloca afuera de la maquila y espera a los empleados para ofrecer su producto. Su negocio ha crecido mediante préstamos, el que está solicitando es el quinto préstamo y es por 24,000.00 lempiras, con el cual comprara zapatíllas de varios estilos para damas ya que tiene pedidos que entregar. Con esta inversión va incrementar sus ventas y sus ingresos.
Su meta a futuro es tener un local frente a su casa para establecer el negocio y tenerlo fijo.

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.

About Honduras

  • $4,800
    Average annual income
  • 72
    View loans »
    Honduras Loans Fundraising
  • $9,996,350
    Funds lent in using Kiva
  • 19.1
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,275 helped Santiago to buy women's sandals to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jun 21, 2012
Jun 26, 2012
Currency Exchange Loss:
May 17, 2013