For the past four years, Estanislao has sold merchandise such as clothing and uniforms for women, men, and children. She also sells cosmetics such as crèmes, lotions, and other items requested by her customers. Estanislao sells her merchandise as a traveling vendor in her neighborhood and the surrounding areas. She submits orders through Avon product catalogs.
Estanislao has invested several loans to keep her business stable. She is currently requesting her seventh loan from ODEF, which is in the amount of 13,000 HNL. The money will be used to restock her inventory of clothing and cosmetics so that she can increase her earnings. Estanislao will take advantage of the summer season. Her goal is to use the profits from her business to make improvements to her home.
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.
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