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Guerreros De Cristo Group
In this Group: Juana Antonia, Santos Genaro, Santos Bernabe
Juana Antonia, Santos Genaro, and Santos Bernabe, all residents of the San Lorenzo region in Honduras, collectively formed the “Guerreros de Cristo” solidarity group. All three applicants know each other well and will serve as guarantors of each other’s loans. Juana Antonia works out of her home, where she makes and sells bread as well as typical Honduran baked goods. She is requesting a loan of Lps. 8000 with which she will buy wood, corn, butter, cheese, and eggs—all ingredients used in the freshly baked goods she produces. Santos Genaro is a father of two and has run a small convenience shop for several years. He is requesting a loan of Lps. 5000 to buy merchandise for his shop. Santos Bernabe is a furniture maker and is requesting a loan of Lps. 8000 to purchase supplies used in his business.

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
  • 26
    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 Guerreros De Cristo Group's $1,125 loan helped a member to purchase corn, eggs, cheese, firewood, butter, beans, meats, cereal, milk, oil, salt, snacks, juices, sodas, personal hygiene products, light bulbs,candles, pinewood, laurel wood, mahogany, glue, nails, screws, varnish.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 6, 2011
Listed
Jun 10, 2011
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2012