Marlene Del Socorro Paniagua Rojas

Status: Paying Back

$800
Loan Request
Pre-Disbursed : Oct 8, 2009
Listed: Oct 9, 2009
Funded: Oct 20, 2009
16% repaid

About the Country

Country:Honduras
Avg Annual Income:$3,009
Currency:Honduras Lempiras (HNL)
Exchange Rate:18.9000 HNL = 1 USD


About the Loan

Location: Tegucigalpa, Honduras   Repayment Term: 14 months
(more info)
Activity: Paper Sales   Repayment Schedule: Monthly
Loan Use: Purchase cardboard, paper, gift bags, pencils, markers, rulers, glue, calculators, erasers, folders, stickers, notebooks, colored ink, crayons, bonbons, etc.   Currency Exchange Loss: Covered
      Default Protection: Not Covered
Sra. Marlene is 45 years old and sells a variety of products such as accessories, stationery, and even shoes. She has managed her business for more than 5 years and has an established clientele. Marlene is requesting a loan so that she can expand her business and improve her earnings. She dreams of having a large variety store where she can offer everything to her customers.


Marlene is a single mother and lives with her only daughter, who has been a great support to her and also helps with the business.


When Doña Marlene goes to market to buy products for her store, she always searches for the lowest prices. One time she purchased $946 worth of merchandise and was able to sell it for $1434, making a profit of $488. She will use her loan to purchase a display case, reams of paper, printer ink, gift boxes, etc. She also started selling bonbons and now has a lovely store that is a favorite among her neighbors, who are also her customers. It has been a pleasure to meet someone like Doña Marlene.


Translated from Spanish by Ronan Reodica, Kiva Volunteer


La señora Marlene de 45 años de edad se dedica a la venta de variedades, Marlene a administrado su negocio desde hace mas de 5 años, tiene clientes fijos, allí se vende todo tipo de accesorios, papeleria y hasta zapatos. Ella ha solicitado este prestamo con el deseo de incrementar su negocio y mejorar sus ingresos, ya que su sueño es poder tener una gran tienda de variedades donde pueda ofrecer de todo a los clientes, es madre soltera y vive con su unica hija, la cual es de gran apoyo para ella ya que mientras ella no esta le ayuda con el negocio, sale a comprar al mercado para comprar a precios mas bajos ya que ella vende $1434.00 y compra $946.00 recibiendo una
ganacia de $488.00 ella invertirá este prestamo para comprar ( Exhibidor, resmas de papel, tinta de impresoras, cajas de unico etc,..) doña Marlene inicio vendiendo confites y hoy en día tiene una bonita tienda y es muy querida por sus vecinos los cuales también son clientes, asi mismo fue agradable conocer un poco de doña MARLENE.

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Journal entries for Marlene Del Socorro Paniagua Rojas


Loan has been disbursed
 
Entrepreneur: Marlene Del Socorro Paniagua Rojas
Location: Tegucigalpa, Honduras

Thank you for your loan. It has been disbursed to Marlene del Socorro Paniagua Rojas by Prisma Honduras, S.A. in Honduras. We are excited to watch this business grow. Over the 12 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 Tegucigalpa, Honduras
Oct 21, 2009
Comment on this entry

Thank you from Prisma Honduras
 
Entrepreneur: Marlene Del Socorro Paniagua Rojas
Location: Tegucigalpa, Honduras

Dear Lender,

Thank you for supporting an entrepreneur in Honduras! The message below is from Prisma Honduras S.A., Kiva’s field partner in Honduras. As you may know, all borrowers’ profiles are posted on Kiva’s website with the help of microfinance institutions (MFIs) such as Prisma Honduras.

Prisma Honduras wishes to extend their thanks to all the Kiva lenders, and Kiva staff, who during the financial and political crisis that Honduras has been experiencing have continued to support our clients by funding our loans, even knowing that the situation in Honduras has been difficult since the political crisis in June 2009. Our people have suffered a lot, but they still have the inner strength to keep fighting and overcome the difficulties for the good of their family and because they have no other place to live.

Our country is trying to move beyond the political crisis after the elections of the 29th of November. We hope to continue with the valuable support you give by funding our loans and our people. Our goal is to help our clients achieve a better quality of life, by helping to improve their businesses which can help contribute to their food security and that of their families.

Thanks again for your support. The management and staff at Prisma Honduras wishes you all Happy Holidays and a Happy New Year.

Check out all fundraising loans from Prisma Honduras here


Posted by Giovanna Masci, Kiva Staff, from San Francisco, United States
Dec 21, 2009
Comments (11)

Kiva Help Repayment Schedule for Marlene Del Socorro Paniagua Rojas

  Expected Repayments Actual Repayments Comments
January 2010 $66.67 $133.33 Repayment Received
February 2010 $66.66 $0.00 Repayment Received
March 2010 $66.67 Available Mar 1  
April 2010 $66.67 Available Apr 1  
May 2010 $66.66 Available May 1  
June 2010 $66.67 Available Jun 1  
July 2010 $66.67 Available Jul 1  
August 2010 $66.66 Available Aug 1  
September 2010 $66.67 Available Sep 1  
October 2010 $66.67 Available Oct 1  
November 2010 $66.66 Available Nov 1  
December 2010 $66.67 Available Dec 1