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Maria Elsa

Update on Maria Elsa

María Elsa, 56, is married. Her husband works in agriculture and she has a son and she lives in the municipality of Victoria, Yoro. María Elsa opened a grocery store 11 years ago. She sells basic staples like beans, rice, corn, flour, lard, dairy products, etc. She’s a very well-known lady locally and she has regular customers. She started the business with the intention of growing and earning her own income to help her husband with household expenses.

She’s decided to ask for her second ODEF loan. It’s for 12,000 Lempiras she’ll use to buy more food items like beans, corn, snacks, rice, flour, sugar, lard, dairy products, etc. to increase her inventory and her income. Her goal is to grow economically and to make improvements to the locale her business is located in.
View original language description ↓
María Elsa, tiene 56 años de edad, es casada y su esposo se dedica a la agricultura, tiene un hijo y vive en el Municipio de Victoria, Yoro.
Doña María Elsa, hace 11 años que estableció un negocio de pulpería. Ella ofrece productos de la canasta básica como frijoles, arroz, maíz, harina, manteca, lácteos, etc. Ella es una señora muy reconocida en la zona cuenta con sus propios clientes. Inició este negocio con la visión de crecer y tener sus propios ingresos que le permitieran ayudarle a su esposo con los gastos del hogar.
Ha decidido solicitar un segundo préstamo a ODEF por 12,000 lempiras para compra más productos alimenticios como frijoles, maíz, churros, arroz, harina, azúcar, manteca, lácteos etc. Con esto aumentar su inventario y sus ingresos.
Su meta es crecer económicamente y mejorar el local donde tiene ubicado el negocio.

Previous Loan Details

María Elsa, 55, is married and her husband works in agriculture. She has a son and lives in the municipality of Victoria, Yoro. María opened a grocery store ten years ago. She sells basic staple items like beans, rice, corn, flour, lard, dairy products, etc. María is very well-known in the ... More from Maria Elsa's previous loan »

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.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

About Honduras

  • $4,800
    Average annual income
  • 63
    View loans »
    Honduras Loans Fundraising
  • $9,995,000
    Funds lent in using Kiva
  • 19.9
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Maria Elsa to buy food items to stock her store.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Feb 20, 2013
Feb 27, 2013
Currency Exchange Loss:
Nov 17, 2013
This photo was used before for a previous loan for Maria Elsa. It was first posted on Kiva on Jul, 2012. Learn More