Jicaro En Accion Group
Arturo is happy with the way his business is going. He plans to use the money from the loan to buy cows so he has milk and other products to sell.
The other members of the group are Melecia who sells tortillas, Deysi Elizabeth who has a sewing and tailoring business, Rosa Araceli who sells tortillas and soft drinks, and Mirna Lorena who has a mill and also sells firewood.
El señor Arturo se siente muy bien con su negocio, el credito lo utilizara para la compra de ganado para producir leche y otros derivados.
Los otros integrantes de este grupo son: Melecia que se dedica a la venta de tortillas, Deysi Elizabeth que se dedica a la sastrería y costura, Rosa Araceli que se dedica a la venta de tortillass y refrescos y Mirna Lorena que tiene como negocio un molino y venta de leña.
El sueño de este grupo es que siempre sus familas esten bien de salud.
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.
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Success!! The loan was 100% repaid