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Jose Santiago
Jose lives in Choluteca, Honduras, with his wife and two children. For the past seven years, he has run a small restaurant near the border with El Salvador where he prepares and sells local fare. His two sons attend school during the day and help their father run the business in their spare time.

Jose is requesting a 10,000 HNL loan to purchase chicken, pork, beef, rice, beans, plantains, tomatoes, cucumbers, carrots, onions and condiments that he will use to prepare and sell food.

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.

About Honduras

  • $4,800
    Average annual income
  • 80
    View loans »
    Honduras Loans Fundraising
  • $8,803,075
    Funds lent in using Kiva
  • 18.8
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Jose Santiago to purchase ingredients to prepare and sell food.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 8, 2011
Listed
Aug 12, 2011
Currency Exchange Loss:
Possible
Ended:
Mar 1, 2012