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G/s Genesis Group
In this Group: Julia Alejandrina , Luisa Elena , Lilian Dalila
Julia Alejandrina P., 48, is a single mother living in the El Edén neighborhood with her three children who are 27, 25 and 24 years of age.

Julia started to sell natural remedies in an itinerant way spending most of the time walking the streets of a large part of the city while her children were in school. After some time, she changed her line of work and now she sells women’s and children’s underwear, blouses, skirts, sandals, long and short pants during the day. At night she works in a small restaurant called Las Dos Torres where she prepares a variety of snacks.

Julia is asking for a Lps. 7000 loan to buy a larger amount of clothes, especially those in season so that she can attract more customer attention and increase sales.

Her dream is to own her own home and stop paying rent and to have a small store that will allow her to continue to earn income because she also has a grandson under her care and needs money to support her household.

Her fellow group members are Lilian and Luisa. Lilian sells clothes and shoes and also works at the Las Dos Torres restaurant but during days. Luisa sells clothes and cosmetics. She has an eye problem, though: cataracts.

This is the second loan the group has requested from FAMA and they have demonstrated that they are very responsible people with regard to their repayments.
View original language description ↓
Julia Alejandrina P. tiene 48 años de edad, es madre soltera y reside en la Colonia El Eden junto a sus tres hijos de 27, 25 y 24 años. Julia comenzò vendiendo medicinas naturales de forma ambulante, en la mayoria del tiempo recorriendo a pie gran parte de la ciudad mientras sus hijos iban a la escuela. Luego de un tiempo cambiò de negocio y actualmente por el dia se dedica a la venta de ropa interior para mujeres y niños, blusas, faldas, sandalias, pantalones largos y cortos; por la noche trabaja en un pequeño Restaurante que se llama Las Dos Torres donde elabora una variedad de golosinas. Julia solicita el prestamo de Lps. 7,000 para comprar una mayor cantidad de ropa sobretodo estilos que esten de moda, de manera que pueda aumentar sus ventas llamando la atencion de mas personas. Su sueño es tener su casa propia y no seguir pagando alquiler, y una pequeña tienda y que le permita seguir obteniendo ganancias ya que tiene un nieto a su cargo y necesita el dinero para poder llevar el sustento a su hogar. Sus companeras de grupo son Lilian y Luisa. Lilian se dedica a la venta de ropa y zapatos, y tambien trabaja en el Restaurante La Dos Torres pero por el dia, solicita un prestamo de Lps. 5,000. Luisa se dedica a la venta de ropa y cosmeticos, tiene un problema de salud en sus ojos, ella sufre de Cataratas, solicita un prestamo de Lps. 5,000. Este es el segundo prestamo que el grupo solicita en FAMA y son han demostrado que son personas muy responsables en sus pagos.

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
  • 83
    View loans »
    Honduras Loans Fundraising
  • $8,816,850
    Funds lent in using Kiva
  • 18.9
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A portion of G/s Genesis Group's $900 loan helped a member to buy women's and children's clothes.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 25, 2010
Listed
Sep 7, 2010
Currency Exchange Loss:
Possible
Ended:
Jan 19, 2011