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Siloe 2 Group
In this Group: Lidia , Guillermina, Dunia Maria
The group Siloe 2 is located in the neighborhood of Los Pinos in the city of Capital. It is made up of three women who have a lot of experience running their businesses. They know each other very well since they live in the same community, and have formed the group with the purpose of asking for a loan to buy firewood, quicklime, water, corn, shoes and clothing, and thus to achieve growth in their businesses.

Lidia sells clothing; Guillermina sells shoes; and Dunia makes and sells tortillas. The goal of these three women is to make their businesses grow so that they can earn good incomes and give their children better quality of life.
View original language description ↓
el grupo Siloe 2 esta ubicado en la colonia los Pinos de la ciudad Capital, esta integrado por tres mujeres las cuales tienen mucha experiencia en la administracin de sus negocios, se conocen muy bien ya que viven en la misma comunidad, han formado el grupo con el propósito de solicitar un credito para la compra de leña, cal agua maiz, zapatos y ropa, asi lograr el crecimiento de sus negocios.
Lidia se dedica a la venta de ropa, Guillermina se dedica a la venta de zapatos y Dunia se dedica a la produccion y venta de tortillas.
la meta de estas tres mujeres es hacer crecer sus negocios para obtener buenas ganancias y asi darles una mejor calidad de vida a sus hijos.


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

  • $4,800
    Average annual income
  • 80
    View loans »
    Honduras Loans Fundraising
  • $8,803,075
    Funds lent in using Kiva
  • 18.9
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A portion of Siloe 2 Group's $1,125 loan helped a member to buy firewood, quicklime, water, corn, shoes and clothing.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 12, 2011
Listed
May 15, 2011
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2012