Emmanuel Group


Status: Paying Back

$1,125.00   Loan Amount
50% repaid

About the Group

Group Name: Emmanuel Group
Group Members: Maria Araceis Gimenez Estrada
Maria Francisca Aguilar Escobar
Elvis Roberto Reyes Jimenez
Location: San Lorenzo, Honduras
Activity: General Store

About the Loan

Loan Amount: $1,125.00
Loan Use: To purchase various consumer products
Repayment Term: 12 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jun 10, 2009
Date Disbursed: Jun 10, 2009
Date Funded:Jun 21, 2009

About the Country

Country:Honduras
Avg Annual Income:$3,009.00
Currency:Honduras Lempiras (HNL)
Exchange Rate:18.9150 HNL = 1 USD



The Emmanuel group consists of 3 people who have lived together for many years. Mrs. Maria Gimenez is 48-years old and is married with 7 children who are all married and are helping out financially. For the last two years, she has been running a convenient store which sells popular consumer products like: beans, rice, sugar, coffee, bread, dairy products and etc... She wishes to have good clients and her big dream is to own a supermarket.


Mrs. Maria Aguilar is 29-years old and single with two children with one child of school age. It has been 10 years that Maria has been dedicated to selling clothes and cosmetics. She sells her products in the Langue market in Valle and in some boroughs and colonies in the city of Nacome. The products that she sells are: pants, skirts, blouses, boxers, jerseys, crèmes, deodorants, dyes, hang bags, and children’s clothes. It’s her dream to have her children be entrepreneurs.


Mr. Elvis Reyes is 23-years old is single and has one child. He has dedicated himself to selling spirits for several years. He sells his products by car to several boroughs and colonies in the city. His dream is to sell the best spirits and best tortillas.

Translated from Spanish by Jenson Abraham, Kiva Volunteer


el grupo Emmanuel esta integrado por 3 personas las cuales han convivido por muchos años.
la sra, Maria Gimenez tiene 48 años de edad, esta casada, tuvo 7 hijos de los cuales todos ya se casaron y le ayudan economicamente, ella tiene una pulperia desde hace 2 años, en la cual vende productos de consumo popular como ser frijoles, arroz, azucar, cafe, pan, lacteos, etc. ella ha logrado tener una buena clientela y su mayor sueño es tener un supermercado.
la sra. Maria Aguilar tiene 29 años de edad, vive en union libre y tiene 2 hijos de los cuales uno esta en edad escolar. ella se dedica a la venta de ropa y cosmeticos, tiene 10 años de realizar esta actividad, ella vende en el mercado de Langue, Valle. y en algunos barrios y colonias de esta ciudad de Nacaome., entre los productos que vende ella estan: pantalones, camisetas, blusas, boxers, calsetas, blumers, calsetines, cremas, desodorantes, tintes, carteras, trajes de niño. el sueño de ella es que sus hijos sean empresarios.
El Sr. Elvis Reyes tiene 23 años de edad, vive en union libre y tiene 1 hijo. el se dedica a la venta de leña desde hace varios años, para vender su producto el se traslada en carro a los diferentes barrios y colonias de esta ciudad, su sueño es vender leña al por mayor a todas las productoras de tortillas.


About Group Loans
In a group loan, each member of the group receives an individual loan but is part of a group of individuals bound by a group guarantee. Under this arrangement, each member of the group supports one another and is responsible for paying back the loans of their fellow group members if someone is delinquent or defaults. Learn more

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Journal entries for Emmanuel Group


Loan has been disbursed
 
Entrepreneur: Emmanuel Group
Location: San Lorenzo, Honduras

Thank you for your loan. It has been disbursed to Emmanuel Group, consisting of Maria Araceis Gimenez Estrada, Maria Francisca Aguilar Escobar, Elvis Roberto Reyes Jimenez by Prisma Honduras, S.A. in Honduras. We are excited to watch this business grow. Over the 9 months of this loan, Prisma Honduras, S.A. will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from San Lorenzo, Honduras
Jun 22, 2009
Comment on this entry

Kiva Help Repayment Schedule for Emmanuel Group

  Expected Repayments Actual Repayments Comments
August 2009 $0.00 $112.50  
September 2009 $112.50 $112.50 Repayment Received
October 2009 $112.50 $112.50 Repayment Received
November 2009 $112.50 $112.50 Repayment Received
December 2009 $112.50 $112.50 Repayment Received
January 2010 $112.50 Available Jan 1 Repayment Received
February 2010 $112.50 Available Feb 1  
March 2010 $112.50 Available Mar 1  
April 2010 $112.50 Available Apr 1  
May 2010 $112.50 Available May 1  
June 2010 $112.50 Available Jun 1