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Fausto
Sr. Fausto is an enterprising man. He works hard to maintain his business, a corner grocery that he operates from a room in his house in Chorrera Namasigue, a small rural town in the "departamento" of Choluteca. He has operated the business for more than 10 years. Fausto has 3 children, all in a local school, and he can rely on his wife to help him with the business.
Fausto will use this loan to stock his corner grocery with the everyday products that he sells. The investment will allow him to increase his sales.
View original language description ↓
La sr Fausto es una persona muy emprendedora y muy dedicada a su negocio propio, el cual es una pulpería en su casa de habitación en el caserío la Chorrera Namasigüe en el departamento de Choluteca. Ha manejado este negocio desde ya hace mas de 10 años, es padre de 3 hijos los cuales los tiene en un centro educativo de su caserío además cuenta con el apoyo de su esposa que también le ayuda en el negocio.
En esta ocasión Fausto invertirá el préstamo en la compra de abarrotería en general, lácteos y granos básicos para vender en su negocio y así poder aumentar sus ventas.

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
  • 73
    View loans »
    Honduras Loans Fundraising
  • $8,656,500
    Funds lent in using Kiva
  • 19.1
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Fausto to stock his corner grocery.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 26, 2012
Listed
Feb 29, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 16, 2012