El Amanecer Group


Status: Paid Back

$800.00   Loan Request
$800.00   Paid Back

About the Group

Group Name: El Amanecer Group
Group Members: Fidelia Amparo Flores Alvarado
Ana Berta Hernandez Herrera
Elizabeth Rivas Herrera
Location: Danli, Honduras
Activity: Food Production/Sales

About the Loan

Loan Amount: $800.00
Loan Use: cornmeal, meat, vegetables, cheese, tortillas, salsa, salt, sugar, etc.
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Feb 17, 2009
Date Disbursed: Feb 13, 2009
Date Funded:Feb 17, 2009
Loan Ended:Sep 15, 2009

About the Country

Country:Honduras
Avg Annual Income:$3,009.00
Currency:Honduras Lempiras (HNL)
Exchange Rate:18.8845 HNL = 1 USD



The El Amanecer (The Sunrise) group is made up of the following people:

Fidelia Amparo Flores—She has worked in business for the past 10 years. She has a booth where she sells candy located in the Juan Lindo educational center in the Quebrada Larga neighborhood of Jamastran. She is married and her husband owns a transportation company that travels back and forth between Danli and Quebrada Larga. They have 2 children who depend on them 100%. With the money their businesses generate, they are able to care for their family and cover their household expenses.

Ana Hernandez—She works selling agricultural supples. She also sells and recharges phone cards for cellular phones, which she has done for the past 3 years. She is the mother of 3 children and lives with her common-law husband who works as a driver for a transportation company. With their jobs they help their family get ahead.

Elizabeth Herrera—She has worked in business for the past 5 years. She sells sweets like: soft drinks, churros, cookies, candies, etc. Her business is located in Quebrada Larga in Jamastran. On the weekends she makes nacatamales (a type of large tamale) and bread. With her income she pays for all of the household expenses since her husband left for the United States. She has to help her family alone. She is a single mother with two children who are in school.

Translated from Spanish by Rachel Crouch, Kiva Volunteer


el grupo El Amanecer se conforma de la siguiente manera;
Fidelia Amparo Flores; ella se dedica al comercio desde hace 10 años, actualmente tiene una caseta donde vende golosinas, su negocio esta ubicado en el Centro Educacional Juan Lindo de la aldea de Quebrada Larga, Jamastran, ella es casada y su esposo es propietario de transportes que viajan de Danli a Quebrada Larga y viceversa, ellos tienen 2 hijos que toda via dependen de ellos al 100%, con los ingresos que les generan sus negocios ellos pueden sacar adelante su familia y cubrir con todos los gastos de su hogar.
Ana Hernandez: ella se dedica a la venta de agro-insumos, tambien vende tarjetas y recargas de llamadas para celulares actividad que realiza hace 3 años, ella es madre de tres hijos y vive en union libre con su compañero de hogar, el trabaja como conductor de una empresa de transportes, ellos con sus trabajos sacan adelante su familia.
Elizabeth Herrera: ella de dedica al comercio desde hace 5 años, ella vende golosinas como ser: refrescos, churros, galletas, bombones etc. su negocio esta ubicado en quebrada larga, Jamastran, los fines de semana se dedica a la produccion de nacatamales y pan, con los ingresos que le genera el negocio ella cubre con los gastos del hogar, ya que su esposo migro a USA y ella tiene que sacar adelante su hogar sola. ella es madre soltera y tiene 2 hijos los cuales los tiene estudiando.


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 El Amanecer Group


Loan has been disbursed
 
Entrepreneur: El Amanecer Group
Location: Danli, Honduras

Thank you for your loan. It has been disbursed to the Fidelia Amparo Flores Alvarado group, consisting of Fidelia Amparo Flores Alvarado, Ana Berta Hernandez Herrera, Elizabeth Rivas Herrera by Prisma Honduras, S.A. in Honduras. We are excited to watch this business grow. Over the 6 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 Danli, Honduras
Feb 18, 2009
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Kiva Help Repayment Schedule for El Amanecer Group

  Expected Repayments Actual Repayments Comments
May 2009 $133.33 $133.33 Repayment Received
June 2009 $133.33 $133.33 Repayment Received
July 2009 $133.33 $133.33 Repayment Received
August 2009 $133.33 $133.33 Repayment Received
September 2009 $133.33 $133.33 Repayment Received
October 2009 $133.35 $133.35 Repayment Received