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Maria Magdalena
Magdalena, 28, is a single mother who lives in a relative's house with her 2 children. For 10 years she has lived in San Lorenzo in southern Honduras.

Magdalena has a grocery store where she sells general grocery stock, including soft drinks, bread, bottled water, vegetables and medicines.

Magdalena is requesting a loan to invest in the purchase of soft drinks, cheese, butter, milk, medicines, sugar, coffee, bread, lard, etc.

With the earnings she generates from her business, Magdalena hopes that her business and family life will improve. In the future, she wants to get more training in the beauty trade so that she can open a salon where she could cut hair for her grocery customers, friends and neighbors. Magdalena dreams of having her children finish their education, and of building a house for them.

San Lorenzo, Honduras - March 2012
View original language description ↓
La joven Magdalena de 28 años, es madre soltera, ella vive en casa de un familiar con sus dos hijos y radica desde hace 10 años en San Lorenzo al sur de Honduras.
Magdalena tiene una pulpería en donde vende abarrotaría en general, refrescos, pan, agua en botellón, verduras y medicamentos.

Magdalena esta solicitando el préstamo para invertirlo en compra de refrescos, queso, mantequilla, leche, medicamentos, azúcar, café, pan, manteca, etc.
Magdalena con las ganancias que genere el negocio espera que las condiciones de su negocio y de su familia mejoren. Y para el futuro desea prepararse mas en el oficio de belleza para abrir un salón donde pueda cortar cabello a los clientes de su pulpería y amigos y vecinos.
Magdalena sueña que sus hijos continúen estudiando hasta que se gradúen y construirles una casa.

San Lorenzo, 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.

About Honduras

  • $4,200
    Average annual income
  • 22
    View loans »
    Honduras Loans Fundraising
  • $8,199,100
    Funds lent in using Kiva
  • 19.1
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A loan of $900 helped Maria Magdalena to buy soft drinks, cheese, butter, milk, medicines, sugar, coffee, bread, lard, etc., for her business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 17, 2012
Listed
Apr 6, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2012