Check out some available loans that are similar to this one!
Jose Miguel
Mr. José Miguel is 59, married, and has two dependent children who help out with the work on the farm. Jose has 15 manzanas (about 26 acres) of coffee crops; this is his main source of income. He harvests annually. Jose has over 20 years' experience cultivating coffee, and he is able to cover his financial obligations with his income from this work.

Jose will use this loan for the purchase of a solar panel. His home is located in a mountainous region, so electric power is out of the question. Having a solar energy system will allow him to work at night. After paying off this loan, Jose Miguel intends to continue working with Prisma to improve his farm.
View original language description ↓
el sr. José Miguel tiene 59 años de edad, es casado y tiene 2 hijos que dependen de el, mismos que le ayudan en los trabajos en su finca, cuenta con 15 manzanas de café, que son su fuente principal de ingresos, anualmente recolecta la producción de este rubro, Jose cuenta con una experiencia en el cultivo de café de más 20 años, con los ingresos que percibe de esta actividad cubre las obligaciones familiares y financieras.

Jose utilizara el credito para la compra de un panel de energia solar, su casa de habitacion se encuentra en una zona montañosa y es imposible contar con energía electrica, pero el tener un sistema solar le facilitaría el trabajo por las noches, don José Miguel después de cancelar este crédito pretende seguir trabajando con Prisma para mejorar su finca.

Additional Information

More information about this loan

This Kiva loan will be used to provide borrowers with needed goods or services, as opposed to cash or financial credit.

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
  • 72
    View loans »
    Honduras Loans Fundraising
  • $8,633,625
    Funds lent in using Kiva
  • 19.0
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Jose Miguel to buy a solar panel.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 2, 2011
Listed
Nov 15, 2011
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2012