Ricardo lives in the Danli region of Honduras and runs a business supplying small convenience stores. He purchases bulk quantities of basic foodstuffs, personal hygiene products, and household cleaning products from a warehouse in Danli and then distributes the merchandise to small businesses. Ricardo is requesting a loan of Lps. 20,000 with which to buy bulk quantities of merchandise. Ricardo had a previous loan with Prisma and was always punctual in his payments.
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.
A loan of $1,075 helped Ricardo Alonzo this loan will be used to purchase bulk quantities of snacks, beverages, meats, cheeses, fruits, vegetables, basic grains, cereal, flour, cornmeal, margarine, butter, cooking oil, toilet paper, soap, personal hygiene products, and household cleaning products.