Check out some available loans that are similar to this one!
Senda De Amor Group
In this Group: Maria Concepcion , Rosa Danubia, Irma Eloidina , Lidia Esperanza, Edy Isolina, Martha Cristina , Aura Noe , Paula Josefa , Ramon Abel
Maria Concepcion is 43 years old. She is a single mother and has three daughters and one son. She lives in the San Nicolas village and is a member and coordinator of the Senda de Amor (Path of Love) Community Bank. Mrs. Maria started by selling nacatamales and used clothing, and for the past few years works making and selling rosquillas and quesadillas. She gets up very early in the morning to start her day's work. Two of her daughters help her mix the ingredients while she prepares the oven. Once the products are done baking, one of her daughters helps her deliver them. Through the sales of her products she is able to make a good living, but when it rains a lot she is not as successful because the firewood gets wet and the bread does not bake well and then gets overbaked. She learned this business by watching others do it and they also helped her practice. She needs this loan to buy supplies like flour, sugar, eggs, soda, firewood, etc. With the products she sells she will continue to support her family and also save a little for any emergency that may come up. She dreams of supporting her daughters so that each one has her own business and can earn an honest living.


FAMA currently provides its clients with courses in baking and pastries and Mrs. Maria and her other group members have learned from these courses. For this reason she will introduce more products to her business, such as cakes and other types of bread.

View original language description ↓
Maria Concepcion tiene 43 años de edad, es madre soltera, tiene tres hijas y un hijo, reside en la Aldea San Nicolas, y es miembro y coordinadora del Banco Comunal Senda de Amor. Doña Maria inició vendiendo nacatamales y ropa de segunda mano, y desde hace unos años se dedica a la elaboracion y venta de rosquillas y quesadillas. Ella se levanta muy temprano por la mañana para iniciar su jornada laboral, dos de sus hijas le ayudan a mezclar todos los ingredientes mientras ella prepara el horno, y una vez que sale el producto horneado, una de sus hijas le ayuda a entregarlo. Por la venta de su producto obtiene una buena ganancia pero cuando llueve mucho le va mal porque la leña se moja y no le da buen punto al pan y este se pasa de tiempo. Ella aprendió a realizar su negocio porque observaba a otras personas hacerlo y tambien las ayudaba para agarrar practica. El prestamo que solicita lo necesita para comprar materia prima como harina, azucar, huevos, soda, leña, etc. Y con lo que venda ella podrá seguir sosteniendo a su familia y tambien podrá ahorrar un poco para responder ante cualquier emergencia. Su sueño es apoyar a sus hijas para que cada una de ellas tenga su propio negocio y puedan ganarse la vida honradamente. En la actualidad FAMA ha impartido a sus clientes cursos sobre Panaderia y Reposteria y Doña Maria asi como sus compañeras de grupo se han beneficiado, por tal razón ella iniciará a diversificar su negocio con productos como pasteles y otros tipos de panes.

Additional Information

About FAMA:

Honduras is one of the poorest countries in the Western Hemisphere with approximately 59% of people living below the poverty line. Familia y Medio Ambiente OPDF (FAMA OPDF) is a Honduran non-profit with no religious or political affiliation. FAMA’s mission is to provide quality and opportune financial services so that men and women have equal opportunities to develop their micro or small businesses, whether they focus on agriculture, manufacturing or services. FAMA operates 13 branches throughout Honduras and serves over 12,500 clients.

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
  • $8,349,000
    Funds lent in using Kiva
  • 18.9
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A portion of Senda De Amor Group's $1,525 loan helped a member buy flour, sugar, eggs, firewood, etc.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 24, 2011
Listed
Jul 9, 2011
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2011