This will be his sixth loan cycle, and he will use the money to buy fertilizer to improve his coffee plantings and produce a good harvest. His goal is to slowly add more land and to give his family what it needs in terms of food, health care, education, and housing.
More information about this loan
This loan is part of an ODEF project that uses the Progress Out of Poverty Index (PPI) tool to measure client poverty levels. The tool is used to gauge the probability that a client falls below the poverty line based on living conditions, economic indicators, and access to basic services. Using the PPI helps ODEF to better understand its clients and ensure that impoverished individuals in Honduras get access to microfinance.
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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