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Grupo Libertad 1 Group
In this Group: Mamerto, Macaria, Oscar
Mamerto is a hardworking man, dedicated to his job, and father of 4 children who are already of legal age. Mamerto's children help him economically. Mamerto conducts his work in various areas and neighborhoods in Choluteca in the south of Honduras. For more than 25 years, he has done this work on his bicycle.

Mamerto sells bread. He needs the loan to invest in buying bread. It would help him to have new capital, as he has loans and offers credit to his business customers. His dream is to build a house, since he rents and has not been able to save to buy his own house. Mamerto believes that with his business and the help of his children, he can dream of buying a house one day and stop renting.

2. Macaria has her own business selling sweets and firewood. She has been doing this work for more than 15 years. She lives with her husband and 2 children.
3. Oscar sells bread. He has been doing this for more than 4 years using his own vehicle. He lives with his wife and 2 children.

Choluteca, Honduras - March 2012
View original language description ↓
Don Mamerto es un señor muy trabajador, dedicado a su trabajo, padre de 4 hijos los cuales ya son mayores de edad. Sus hijos ayudan en la parte económica a Don Mamerto. Don Mamerto ejerce su actividad en varios barrios de Choluteca en el sur Honduras y lo realiza en bicicleta desde hace mas de 25 años. Don Mamerto se dedica a la venta de pan. El préstamo lo necesita Para invertir en la compra de pan. Que le ayudara a que tener capital fresco ya que trabaja con créditos, también da créditos a sus clientes en los negocios. sus sueños es de construir su casa ya que alquila y no ha podido ahorrar para comprarse una vivienda, Don Mamerto cree que con su negocio y la ayuda de sus hijos el sueña con algún día pueda comprar una casa para dejar de alquilar.

Macaria se dedica a su negocio propio venta de golosinas y venta de leña, actividad que realiza desde hace mas de 15 años actualmente vive con su esposo y 2 hijos.

Oscar se dedica la venta de pan, actividad que lo hace en su vehículo desde hace mas de 4 años. Actualmente vive con su esposa y 2 hijos


Choluteca, Honduras - Marzo del 2012

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
  • 24
    View loans »
    Honduras Loans Fundraising
  • $8,239,325
    Funds lent in using Kiva
  • 19.1
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A portion of Grupo Libertad 1 Group's $1,575 loan helped a member to buy bread for his business.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 23, 2012
Listed
Mar 19, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 16, 2012