Fuente De Libano Group
Merlin C. raises pigs. Eva and Norma make and sell tortillas and sweets.
They will use their loan to purchase products for their businesses.
Merlin takes several pigs to sell every week. Eva makes more than 1000 tortillas every day and she sells them in Choluteca. Norma visits the distant villages and schools to sell her delicious sweets.
The group's goal is to move forward with their businesses and to provide a better quality of life to their children.
Merlin C. se dedica a la cria de cerdos, Eva y Norma se dedican a la produccion y venta de tortillas y golosinas.
el credito lo utilizaran para la compra de materia prima para sus negocios.
Merlin cada semana saca varios cerdos para la venta, Eva fabrica mas de 1,000.00 tortillas diarias y las vende en Choluteca y Norma sale a los lugares aledaños y a las escuelas a vender su ricas golosinas.
la meta de este grupo es salir adelante con sus negocios y darles una mejor calidad de vida a sus hijos.
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.
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Success!! The loan was 100% repaid