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Hardworking Hands Group
In this Group: Juana Lucila, Yolanda, Glenda Jeanileth
Juana, Yolanda, and Glenda, all of whom reside in Danli, Honduras, formed the “Hardworking Hands” solidarity group in June, 2011. Juana earns a living by making and selling bedclothes, and she has run this business for the last 21 years. She is requesting a loan of 6,000 Honduran lempira (HNL) to purchase materials needed for making sheets, pillowcases, and bedcovers. Yolanda sells clothing and footwear and is soliciting a loan to purchase merchandise. Lastly, Glenda makes a living by selling fresh produce from out of her home and is requesting a loan to purchase bulk amounts of produce.

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
  • 53
    View loans »
    Honduras Loans Fundraising
  • $8,008,900
    Funds lent in using Kiva
  • 18.9
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A portion of Hardworking Hands Group's $1,125 loan helped a member this loan will be used to purchase fabric, thread, pins, and sewing needles.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 4, 2011
Listed
Jul 7, 2011
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2012