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El Carrizo Group
In this Group: Ana Patricia, Vilma Carolina, Kenia Jisela, Yessica Carolina
The El Carrizo Solidarity Group is made up of Ana, Vilma, Kenia, and Yessica, all of whom live in Choluteca, Honudras. The group leader, Ana, makes a living by running a small convenience shop where she sells basic groceries. Ana wakes at 6:00 each morning to open the store and attend to customers. She is currently raising two children, and hopes to help them get ahead. Ana is requesting a loan of HNL 10,000 to purchase merchandise for her store.

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
  • 27
    View loans »
    Honduras Loans Fundraising
  • $8,199,100
    Funds lent in using Kiva
  • 18.8
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A portion of El Carrizo Group's $1,350 loan helped a member to purchase snacks, candy, bread, soft drinks, juices, milk, eggs, cornmeal, cooking oil, lard, household cleaning supplies, and personal hygiene products.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 8, 2011
Listed
Aug 11, 2011
Currency Exchange Loss:
Possible
Ended:
Mar 1, 2012