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Grupo Solidario Solidaridad Group
In this Group: Manuela De Los Santos, Arecely Del Carmen
Grupo Solidario Solidaridad is formed by two members: Manuela de los Santos R. R. and Arecely del Carmen M. R.. They live in Colonia Solidaridad in Juticalpa, Olancho in Honduras.


Manuela de los Santos R. R. is 71 years old, married, and has 9 children. She has worked making flower wreaths since she was 28 years old and learned from her mother. She works with her children from 6 o’clock in the morning until 7 o’clock at night, although she doesn’t have an ending schedule. She doesn’t have much competition but when it rains it is problematic.


She will invest the loan in materials such as paper and wire to make the wreaths. The loans have helped her as she made her home and they continue helping her to maintain her business.


She lives outside of the city and pays for a lot of transport and suffers from high blood pressure. Her goal is to improve her home and to always have her business.


Arecely del Carmen M. R. sells fruits and vegetables in the central park of Juticalpa. With the loan, she will purchase fruits and vegetables to sell and increase her earnings.

View original language description ↓
Grupo Solidario Solidaridad esta integrado por dos socios, Manuela de los Santos R. R. y Arecely del Carmen M. R.. Residen en Colonia Solidaridad en Juticalpa, Olancho, Honduras.

Manuela de los Santos R. R. tiene 71 anos de edad, esta casada y tiene 9 hijos. Se dedica a la elaboracion de coronas de flores desde 28 anos y aprendio con su madre. Trabaja con sus hijos desde las 6 de la manana hasta las 7 de la noche aunque ella no tiene horario de salida. No tiene mucha competencia pero cuando llueve tiene muchas dificultades.

Invertira el prestamo en materias como papel y alambre para elaboración de las coronas. Los prestamos le ha ayudado ya que hizo su vivienda y le sigue ayudando para mantener su negocio.

Vive afuera de la cuidad y paga mucho transporte y padece de alta presion. Su meta es mejorar su casa y tener siempre su negocio.

Arecely del Carmen M. R. vende frutas y verduras en el Parque Central de Juticalpa. Con el prestamo comprara frutas y verduras para vender y aumentar sus ganancias.

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

  • $4,200
    Average annual income
  • 23
    View loans »
    Honduras Loans Fundraising
  • $8,146,250
    Funds lent in using Kiva
  • 18.9
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A portion of Grupo Solidario Solidaridad Group's $650 loan helped a member to purchase material such as paper and wire for making wreaths.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 8, 2010
Listed
Jul 22, 2010
Currency Exchange Loss:
Possible
Ended:
Jan 19, 2011