Funded

Total loan: $2,450
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El Naranjo Group

Honduras
El Progreso., Honduras / Agriculture

A loan of $2,450 helped a member to buy posts and other materials to bring electricity to the area.


El Naranjo Group's story

Marcelo is 29 years old and married. He has two children and lives in a village that is part of the town of El Progreso, in Yoro. For some twenty years Marcelo has been making a living growing herbs and vegetables, such as cilantro, parsley, beans, corn, and other items. What he produces, Marcelo sells in the area and this work is a source of income for him. He is currently applying for a group loan. The group, made up of seven members from the same community and all working in agriculture, is called "El Naranjo". The total loan amount is 50,000 Lempira. The group have applied for the loan in order to buy posts and other materials that they need in order to bring electricity to the village. The aim of this is to drive development in the community and to improve living conditions. In the photo, Marcelo is on the left. Moving along to the right are Santos, José Donaldo, Lucia, José Leonilo, and Andrés. Marvin was not there when the photo was taken.

In this group: Marcelo, Jose Donaldo, Lucia, Marvin Geovany*, Andres, Jose Leonilo, Santos Bernardo
*not pictured

Translated from Spanish by Kiva volunteer Iain Gaw



Loan details

Loan length:

27 months
Disbursed date: August 27, 2013
Facilitated by Field Partner: Organizacion de Desarrollo Empresarial Femenino (ODEF)

Lenders and lending teams



Loan details

Loan length:

27 months
Disbursed date: August 27, 2013
Facilitated by Field Partner: Organizacion de Desarrollo Empresarial Femenino (ODEF)