Martirez has been farming for 12 years and grows coffee. Whatever he produces is sold to brokers in the area. He has done a good job of maintaining his crops as a result of investing several loans. Martirez has participated in 11 loan cycles and his current loan is in the amount of 20,000 HNL. The money will be used to buy compost, fertilizers, and to pay to have his farmland cleared. He hopes this investment will result in a good harvest. His plan is to maintain his farm so that his earnings can help him achieve a better quality of life.
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