Adina has her business of making and selling corn tortillas. Her business is in her home and she has been in this line of work for five years. She has decided to request a loan of 11,000 HNL so that she can buy cornmeal, which is the main ingredient for making tortillas. A portion of the loan will be used to expand part of her house by building a wall. For this reason, she needs to buy some blocks and cement.
Her plan is to maintain a successful business so that she can cover her household expenses and pay for her children’s studies.
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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Success!! The loan was 100% repaid