Irma Eloidina, a member of the Grupo Solidario Senda de Amor, is 64 years old, is married, and has 4 children. Her husband works cutting up pigs and farming. She lives in the community of San Nicolas, in the municipality of Juticalpa, department of Olancho. When she was very young Irma began with a grocery store, and for two years she has worked making and selling bread and selling cosmetics. She is a fighter, and a person who is well known in her community. Her family has very few economic resources but whenever they are presented with a business opportunity they do not waste it. The loan she is requesting is needed to buy raw materials to make bread, such as flour, eggs, sugar, butter, as well as cosmetics and other things. With the support of this loan Irma can continue with her business and improve her living conditions. One of her goals is to grow her business. Irma has been a client of FAMA for seven cycles and has made her payments punctually.
Irma Eloidina, es miembro del Grupo Solidario Senda de Amor, tiene 64 años de edad, es casada y tiene 4 hijos, su esposo se dedica al destazo de cerdos y agricultura, reside en la comunidad de San Nicolás, del municipio de Juticalpa, departamento de Olancho. Desde muy joven Irma inicio con una pulpería y hace dos años se dedica a la elaboración y venta de pan y a la venta de cosméticos, ella es una persona muy luchadora y conocida en la comunidad. Su familia es de muy escasos recursos económicos y por tanto cada vez que se les presenta una oportunidad de negocio no la desaprovecha. Así que el préstamo que solicita lo necesita para comprar la materia prima para la elaboración de pan como ser: harina, huevos, azúcar, manteca, cosméticos, entre otros. Con el apoyo de este préstamo Irma podrá continuar con su negocio y mejorar sus condiciones de vida, una de sus metas es hacer crecer su negocio. Irma tiene siete ciclos de ser clienta de FAMA y ha cancelado sus cuotas puntualmente.
Honduras is one of the poorest countries in the Western Hemisphere with approximately 59% of people living below the poverty line. Familia y Medio Ambiente OPDF (FAMA OPDF) is a Honduran non-profit with no religious or political affiliation. FAMA’s mission is to provide quality and opportune financial services so that men and women have equal opportunities to develop their micro or small businesses, whether they focus on agriculture, manufacturing or services. FAMA operates 13 branches throughout Honduras and serves over 12,500 clients.
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.