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Elena
Sra. Elena M. operates a business selling natural products: Facial treatments, deodorants, vitamins, toothpaste, soaps, body lotions, etc. Business is steady and she has a comfortable life. She is married and has 4 children, all still living at home. The children are in high school now.
Dona Elena decided to start the business because times were tough and her husband's income didn't stretch to paying all of the family's expenses. The income from the business allows the family to live better than they did before.
However, Dona Elena now lacks the working capital she needs to stock the business and meet the demand for her products. She is applying for this loan to raise the funds she needs to support her growing business.
View original language description ↓
La Sra. Elena M. vende una gran variedad de productos naturales como ser: Tratamientos para la cara, desodorantes, vitaminas, pasta dentales, jabones, cremas para el cuerpo, etc….
Su negocio se mantiene estable y sus condiciones de vida se ve notablemente que son favorables, es casada y es madre de 4 hijos los cuales dependen a un 100% de ellos, mismos que actualmente están cursando estudios secundarios.
Doña Elena decidió dedicarse a este negocio ya que las condiciones económicas no eran muy favorables y con los ingresos que generaba su esposo no eran lo suficiente para cubrir todos los gastos del hogar y ahora con sus ingresos sus condiciones de vida han mejorado.
En la actualidad la Sra. M. no cuenta con el capital de trabajo suficiente para surtir más su negocio y satisfacer la demanda de sus productos ya que su clientela día a día acrecienta:- razón por la cual esta solicitando el credito.

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

  • $4,200
    Average annual income
  • 55
    View loans »
    Honduras Loans Fundraising
  • $8,013,150
    Funds lent in using Kiva
  • 18.9
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Elena buy products to resell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 2, 2010
Listed
Nov 14, 2010
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2011