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Miguel Angel
Sr. Miguel Angel Z. H. has 25 years of experience in the manufacture of concrete blocks used in the construction of houses and buildings. There is a lot of demand for this product in his area because most construction uses this type of material since it is cheaper, economical, and tough.


Sr. Z. stated to us that this business has given him many blessings since it has generated income for meeting his personal expenses and the financial obligations he has acquired. Don Michel, as he is known in the city of El Paraiso, has seen the need in the future for a machine for manufacturing concrete blocks which would facilitate the fabrication of quality products. This machine is a little expensive, and he is saving to purchase it. This loan will be used to buy more material for manufacturing concrete blocks.

View original language description ↓
el sr. Miguel Angel Z. H. tiene 25 aƱos de dedicarse a la fabricacion y venta de bloques de concreto para construccion de casas y edificios, este producto tiene mucha demanda en la zona ya que la mayoria de las construcciones emplean este tipo de material por ser mas barato, economico y resistente.
El Sr. Z. nos manifesto que este negocio le es de mucha bendicion ya que le ha generado ingresos para
suplir sus gastos personales y las obligaciones finanacieras que el ha contraido.
Don Michel como se le conoce en La ciudad de El Paraiso se ha visto en en la necesidad a futuro de
comprar una maquina para la elaboracion de bloques lo que le facilitaria la elaboracion y calidad de su producto. esta maquina tiene un precio un poco caro y esta ahorrando para comprarla.
este credito lo utilizara para comprar mas material para la fabricacion de los bloques de concreto.

Additional Information

Prisma Honduras, S.A.

This loan is administered by Prisma Honduras. Prisma is one of Kiva's first field partners in Central America and has funded over 2,500 entrepreneurs through Kiva since 2008. Prisma funds smaller than average loans for micro-entrepreneurs to help them grow businesses in urban and rural areas. To improve living conditions in Honduras, the organization strives to empower women who lack access to traditional financial services, and promotes solar panels to deliver clean, affordable electricity to rural areas. Through its four branches in southern and central Honduras, Prisma provides access to financial products to some of the poorest and most isolated communities in the country.

About Honduras

  • $4,800
    Average annual income
  • 90
    View loans »
    Honduras Loans Fundraising
  • $8,676,100
    Funds lent in using Kiva
  • 18.9
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,075 helped Miguel Angel purchase of cement and sand.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 11, 2010
Listed
Jun 18, 2010
Currency Exchange Loss:
Possible
Ended:
May 15, 2011