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El Nazareno Group
In this Group: Maria Leonor, Roberto , Sandra Marbely
María is 57, married, and lives with her husband in the village of La Masica, in Atlántida. She has been selling cosmetics out of a catalogue for 4 years. Among the products she sells door-to-door are moisturisers, lotions, and shampoos. She took out many loans in the course of her life to keep in business. The one she asks for now, to the tune of 7,000 lempiras, is backed by a borrower's group and will be used to buy cosmetics to sell, in order to increase her profits and have a higher standard of living. The group is called 'El Nazareno' and is comprised of 3 members: María, on the left, wearing a checquered pink blouse, Roberto, standing in the middle, and Sandra, on the right, wearing red trousers. Roberto sells underwear and Sandra fish and cosmetics. They are neighbours. The group loan of 17,000 lempiras will be used to buy more inventory for their respective businesses and increase their sales.
View original language description ↓
Doña María, tiene 57 años de edad, esta casada y vive con su esposo en la comunidad de la Masica, Atlántida. Ella tiene 4 años de dedicarse a la venta de cosméticos como cremas, lociones, champú etc. La venta la realiza de manera ambulante y por catálogos. Ha obtenido varios préstamos para mantener activo su negocio, actualmente ha solicitado otro de forma grupal y es por 7,000 Lempiras con el cual va comprar cosméticos para vender e incrementar las ganancias y poder lograr un mejor estilo de vida. El grupo a que pertenece se llama El Nazareno y lo forman los tres: doña María a la izquierda de blusa cuadriculada rosada, en medio Roberto y a la derecha de falda roja esta Sandra. Roberto vende ropa interior y Sandra vende pescado y cosméticos. Todos son vecinos de la misma comunidad. El préstamo grupal es por 17,000 lempiras y lo utilizaran para surtir sus negocios para aumentar las ventas.

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
  • 50
    View loans »
    Honduras Loans Fundraising
  • $9,381,625
    Funds lent in using Kiva
  • 20.4
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A portion of El Nazareno Group's $850 loan helped a member to buy cosmetics to sell.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Aug 31, 2013
Sep 18, 2013
Currency Exchange Loss:
Mar 17, 2014