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Los Amigos De La Flor Group
In this Group: Mario Reynell , Valentina , Santos Agustin
"Los Amigos de la Flor" group consists of 2 men and a woman who have known each other very well for a very long time. They work together to be successful. This group describes itself as very united. The members all live in the same community. Señor Mario Reynell sells popular consumer products. He has a small grocery store room in his house. His customers are his neighbours and others who belong to the community. He will use the loan to buy groceries to stock his business. In a similar fashion, Señora Valentina and Señor Santos Agustin sell bricks and firewood.

This group is asking for the loan to stock their business and buy the materials to manufacture bricks to improve their earnings and give their families a better quality of life.
View original language description ↓
El grupo los amigos esta integrado por dos hombres y una mujer que se conocen muy bien desde hace mucho tiempo y están trabajando juntos para salir adelante, este grupo se califica por ser bien unido, todos ellos viven en la misma comunidad, el señor Mario Reynell se dedica a la venta de productos de consumo popular, tiene una pequeña pulperia en su casa de habitacion, sus clientes son sus vecinos y otras personas aledañas a dicha comunidad, el credito lo utilizara para la compra de abarroteria y asi surtir su negocio. Asi mismo la sra. Valentina y el señor Santos Agustin se dedican a la venta de ladrillos y leña.
este grupo solicita el credito para surtir su negocio y comprar los materiales para la fabricacion de los ladrillos, de esta manera tener mejores ganancias y darles una mejor calidad de vida a sus familas.

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
  • 32
    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 Los Amigos De La Flor Group's $800 loan helped a member to buy groceries and materials to manufacture bricks.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 2, 2011
Listed
Sep 15, 2011
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2012