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Sep 9, 2016 5:35 PM ET

Archived: Honduras: Union De Ologosi Group – A loan of $3,325 helps a member to buy agricultural supplies and pay for farm hands.

iCrowdNewswire - Sep 9, 2016

Union De Ologosi Group

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Union De Ologosi Group’s story

Maria Enma, 34, is a single mother with 3 children. She lives in a community in the municipality of Intibuca, along with her parents and her children. She has her own land where she cultivates potatoes. Her farming work is her source of income for the family; she’s been doing this work for 8 years. She produces quality produce, and sells it in a market in the area. Maria Enma is requesting her second loan from the institution in the form of a group loan, to buy potato seeds, fertilizers, lime, and chicken manure, and to pay for labor to prepare the land. Her plan is to increase her production and income so that she can make some improvements to her house and give her family a better quality of life. The communal bank “Union de Ologosi” has 4 members from the community. They are very hardworking and responsible, and they all work cultivating potatoes. This group loan is for 76,000 Honduran lempiras, and it will be used to pay for farm labor as well as potato seeds, fertilizers, lime, and chicken manure. In the photo, the group members are identified as follows: from the left you see Ana, Maria Enma, Maria Sonia, and then Maria Alba on the far right.

In this group: Maria Enma , Ana Maria, Maria Alba, Maria Sonia
*not pictured 

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Translated from Spanish by Kiva volunteer Lisa Grobar View original language description 

This loan is special because:

It includes preventative healthcare services for rural borrowers 

Kiva staff 

More about this loan 

About Organizacion de Desarrollo Empresarial Femenino (ODEF):

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.

A loan of $3,325 helps a member to buy agricultural supplies and pay for farm hands.

Contact Information:

Union De Ologosi Group

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