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Residenciales El Campo 2 Group
In this Group: Reina Isabel, Santos Blacina, Elbia
The solidarity group “Residenciales El Campo 2” (Residential Area 2) consists of three members: Reina Isabel P. P., Elbia O., and Santos Blacina P.. They live in Juticalpa, Olancho.


Sra. Reina Isabel P. P. is 50 years old, widowed, and has five children. She started a mini-grocery 12 years ago with a loan of 2000 HNL and it later grew into a mini-supermarket. In 2003, her husband became ill and she had to sell the business in order to pay for his medical expenses. Now she sells secondhand clothing as a traveling merchant. Reina has a good customer base and her children help with selling clothes. With a loan of 5000 HNL, she will buy a bundle of high-quality secondhand clothing. She will also use her savings to buy three additional bundles. This loan will enable her grow her business and increase her earnings so that she can support her family and get ahead. Her dreams include building her own home and seeing her children continue their studies.


Elbia O. sells vegetables and will use her loan to buy vegetables in bulk so that she can increase her earnings.


Santos Blacina P. sells cosmetics and will use her loan to buy more beauty products to expand her inventory and increase her earnings to get ahead.

View original language description ↓
El Grupo Solidario Residenciales El Campo 2 está integrado por tres socias, Reina Isabel P. P., Elbia O. y Santos Blacina P.. Las tres socias viven en Juticalpa, Olancho.

Señora Reina Isabel P. P. tiene 50 años de edad, es viuda, y tiene 5 hijos. Comenzó con una mini pulpería hace 12 años con un préstamo de 2,000 Lempiras. Lo crecí a un mini súper en 2003 pero su esposo se enfermó y tuve que vender su negocio para pagar los gastos médicos. Ahora se dedica a la venta de ropa de segunda mano de forma ambulante. Tiene una clientela buena y sus hijos le ayuda a vender la ropa. Con el préstamo de 5,000 Lempiras comprará un fardo de ropa de segundo mano de primera clase. También usará sus ahorros para comprar tres fardos más. Con el préstamo podrá crecer su negocio y aumentar sus ganancias para suportar a su familia y salir adelante. Sus sueños son que podrá construir su casa propia y que sus hijos sigan estudiando.

Elbia O. venda verduras y usará el préstamo para comprar verduras por mayor y aumentar sus ganancias.

Santos Blacina P. venda productos cosméticos y con el préstamo comprará más productos cosméticos para crecer su inventario y aumentar sus ganancias para salir adelante.

Additional Information

About FAMA:

Honduras is one of the poorest countries in the Western Hemisphere with approximately 59% of people living below the poverty line. Familia y Medio Ambiente OPDF (FAMA OPDF) is a Honduran non-profit with no religious or political affiliation. FAMA’s mission is to provide quality and opportune financial services so that men and women have equal opportunities to develop their micro or small businesses, whether they focus on agriculture, manufacturing or services. FAMA operates 13 branches throughout Honduras and serves over 12,500 clients.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Honduras

  • $4,800
    Average annual income
  • 67
    View loans »
    Honduras Loans Fundraising
  • $8,799,175
    Funds lent in using Kiva
  • 18.9
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A portion of Residenciales El Campo 2 Group's $800 loan helped a member purchase a bundle of secondhand clothing.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 17, 2010
Listed
Jun 24, 2010
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2010