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Alianza Emprendedora 2 Group
In this Group: Efrain, Jose Ernesto, Santiago, Jose Estanislao, Saul , Jose Lucindo, Enrique, Ananias
Efraín, 60, is married and has four children. He lives with his wife and one of their children in the town of Yoro. All of his life he has been a farmer, growing corn and beans. He sells his produce at the local market in the area. This will be his 16th loan through ODEF and with the communal bank; and it is for the amount of 7,000 HNL. He will use the loan to buy seeds to plant corn and beans. His plan is to earn enough of his own money to continue working and help his children finish their education.

The communal bank "Alianza Emprendedora 2" is comprised of eight members who live in the same community and are farmers. The group loan for 59,000 HNL will be used to buy fertilizers and seeds to plant corn and beans to sell. In the photograph we see in the back row, from left to right: Efraín in a light blue, long-sleeved shirt, José Ernesto in a beige shirt and Saúl in a green shirt. To the right in a long-sleeved, striped shirt is Ananías. In the front row from the left in a black shirt is José Lucindo, then Santiago in a short-sleeved light blue shirt, José Estanislado is wearing a plaid shirt and Enrique is wearing a short-sleeved striped shirt and white pants.
View original language description ↓
Efraín, tiene 60 años de edad, es casado tiene 4 hijos y vive con su esposa y uno de sus hijos en el municipio de Yoro. Toda su vida ha sido agricultor dedicado al cultivo de maíz y frijoles. La producción la vende en el mercado local de la zona. El ha solicitado ya 16 ciclos de préstamos en ODEF con el actual, el cual es por 7,000 lempiras y es en forma grupal. Con este préstamo comprar fertilizantes y semillas para siembra de maíz y frijoles. Su plan es llegar a tener su propio capital para seguir trabajando y ayudar a sus hijos con la educación.
El grupo se llama Alianza Emprendedora 2, esta formado por 8 miembros que viven en la misma comunidad y se dedican a la agricultura. El préstamo grupal es por 59,000 lempiras y lo utilizaran para comprar fertilizantes y semillas para sembrar maíz y frijoles para la venta. En la foto se identifican así: a la izquierda esta Efraín de camisa celeste manga larga, el de camisa Beige es José Ernesto, Saúl de camisa verde, Ananías esta a la derecha de camisa rayada manga larga, en frente de camiseta negra es José Lucindo, Santiago de camisa celeste manga corta, José Estanislao tiene camisa cuadriculada y don Enrique de camisa manga corta rayada y pantalón blanco.

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.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Honduras

  • $4,800
    Average annual income
  • 35
    View loans »
    Honduras Loans Fundraising
  • $9,985,325
    Funds lent in using Kiva
  • 20.4
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A portion of Alianza Emprendedora 2 Group's $2,900 loan helped a member to buy fertilizers and seeds to plant corn and beans.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
At end of term
Aug 13, 2013
Sep 6, 2013
Currency Exchange Loss:
May 18, 2014