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Luz Y Vida Group
In this Group: Suyapa, Sandra Suyapa, Magdalena
The Luz y Vida (Light and Life) group is made up of three women who live in the 17 de septiembre residential development in San Lorenzo Valle. They have known each other for some time. They all own their own homes and live humbly. They are hard-working women and practically live alone with their families. They support and educate their children and get them ahead in life through their efforts and commitment. We will now provide details of the different business activities that they carry out:

Suyapa C. has five children who depend solely on her. Her business is making and selling tortillas. She has been in this business for four years and makes her sales in the old market in San Lorenzo. She makes her tortillas over two shifts: the first up until 11.00am and the second up until 3.00pm. Her first lot of tortillas are for lunch and the second lot are for dinner. She has the help of one of her daughters in selling the tortillas. She will use her loan to buy supplies that she needs to make her tortillas.

Magdalena C. is 62 years old and a single mother. However, she doesn't have any children who depend on her as all her children are grown up and have their own families. Magdalena makes and sells tortillas. She will use her loan to buy supplies for making her tortillas. She sells her products in San Lorenzo market.

Sandra Suyapa P. is 32 years old, married, and has two children. She sells underwear. Sandra makes her sales in several places in the city of San Lorenzo. She travels to the city of Tegucigalpa to buy her merchandise as the underwear is cheaper there and also better quality. She will use her loan to buy underwear.
View original language description ↓
El grupo Luz y Vida esta integrado por tres mujeres que viven en la colonia 17 de septiembre de San Lorenzo Valle, se conocen desde hace vario tiempo, todas poseen casa propia y viven humildemente, son mujeres trabajadoras y practicamente son señoras solas con la familia que les ha tocado mantener y educar a sus hijos y salir adelante con su esfuerzo y dedicacion. a continuacion se detallan las diferentes actividades que ellas realizan:
la señora Suyapa C. tiene cinco hijos que dependen solo de ella y se dedica a la elaboracion y venta de tortillas desde hace 4 años, sus ventas son en el mercado viejo de San Lorenzo, tiene dos horarios de elaboracion que son hasta las 11 de la mañana y a las 3 de la tarde, la primera produccion es para el almuerzo y la segunda para la cena, tiene la ayuda de una hija para la venta de las mismas.
el credito lo utilizara para la compra de los materiales para la fabricacion de las tortillas.

la sra. Magdalena C. quien tiene 62 años de edad, es madre soltera pero no tiene hijos que dependan de ella ya que todos sus hijos estan grandes y han formado sus propias familias.
Magdalena se dedica a la elaboracion y venta de tortillas, el credito lo utilizara para la compra de los materiales para la fabricacion de las tortillas, sus ventas son en el mercado de San Lorenzo.

Doña Sandra Suyapa P. tiene 32 años de edad, esta casada y tiene dos hijos, Sandra se dedica a la venta de ropa interior, sus ventas las realiza en varios lugares de la ciudad de San Lorenzo.
Sandra viaja a la ciudad de Tegucigalpa a comprar su mercaderia, ahi las prendas de ropa interior son mas baratas y de mejor calidad.
el credito lo utilizara para la compra de ropa interior.

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
  • 24
    View loans »
    Honduras Loans Fundraising
  • $8,199,100
    Funds lent in using Kiva
  • 18.9
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A portion of Luz Y Vida Group's $800 loan helped a member to buy firewood, corn, water, lime and underwear.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 17, 2011
Listed
Apr 26, 2011
Currency Exchange Loss:
Possible
Ended:
Jan 20, 2012