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Laure Abajo Group
In this Group: Saturnina, Marlen Lautany, Glenda Marilin
The Laure Abajo group is located in town of Laure Abajo and that's how the group received its name. The group is made up of 3 women who are very hard-working and who want to improve their lives. This loan will be used to invest in their businesses. Next, the details of their different businesses will be described.


Saturnina G. is 44 years. She is married to Benicio Baca who works in agriculture. They do not have any dependent children; all of their children are married. Saturnina sells beans, corn, sugar, soap, chicken, soft drinks, churros, etc. She has a small store in her home. She started her business 4 years ago and she has had good and bad experiences with her customers.


Marlen Lautany P. is 33 years old and she has two dependent children. Marlen sells tacos, enchiladas, soft drinks and fried chicken during the afternoons and weekends. Her greatest wish is that her family is well. She hopes her sales improve, so she can have greater profits and then she can cover all her household’s needs.


Glenda Marlin L. P. is 25 years old. She lives in a common-law marriage with Heriberto Mendez. She doesn’t have any children. She has sold groceries in her store for 3 years. She would like to have a baby in the coming months.

View original language description ↓
el grupo Laure Abajo esta ubicado en la aldea Laure Abajo, de ahi el nombre del grupo, esta integrado por tres mujeres las cuales son muy trabajadoras y con muchos deseos de salir adelante, el credito lo utilizaran para invertirlos en sus negocios, a continuacion se detallan las diferentes actividades que ellas realizan:

la señora Saturnina G. tiene 44 años de edad, esta casada con el señor Benicio Baca quien se dedica a la agricultura, no tienen dependientes directos sus hijos ya se casaron todos.
Saturnina se dedica a la venta de frijoles, maiz, azucar, jabon, pollo, refrescos, churros, etc. tiene una pequeña pulperia en su casa de habitacion. hace 4 años inicio con su negocio en donde a tenido buenas y malas experiencias con sus clientes.

la sra. Marlen Lautany P. tiene 33 años de edad y tiene dos hijos que dependen de ella, Marlen se dedica al negocio de venta de golosinas como ser tacos, enchiladas, refrescos, pollo frito. durante las tardes y los fines de semana.
Su mayor anhelo es que su familia este bien y que sus ventas se mejoren para tener mejores ganancias y asi cubrir con todas las necesidades de su hogar.

Glenda Marilin L. P. tiene 25 años de edad, vive en union libre señor Heriberto Mendez, no tienen dependientes.
Gloria se dedica a la venta de abarroteria en su pulperia desde hace 3 años.
su deseo es quedar embarazada en estos meses que vienen.

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.

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
  • 22
    View loans »
    Honduras Loans Fundraising
  • $8,218,850
    Funds lent in using Kiva
  • 18.9
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A portion of Laure Abajo Group's $900 loan helped a member to buy beans, rice, sugar, butter, oil, vegetable, toilet paper, sanitary napkins, pasta, sauces, bread, cookies, soap, churros, soft drinks, juices, sardines, chilies, corn, mayonnaise, mustard, salt, condiments, meats.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 2, 2010
Listed
Oct 14, 2010
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2011