Yesica is a member of the Solidario Arca de Noé Group. She is 29 years old, married, has 2 children ages 10 and 5, and her husband does construction work for a living. For the past 6 years she has sold snacks and sweets for a living. Her work schedule starts at 4:00 PM and ends at 10:00 at night. Yesica runs her business alone and also during the day she sells body lotions and creams. Her advantage is that she has many customers that like the products that she offers. The loan that Yesica needs is to buy the raw materials for the creation of her treats such as: tacos, baleadas (flour tortillas folded in half with refried beans, cheese, sour cream, and other ingredients inside), fried plantains with chicken, small cakes, etc. One of her dreams is to help her children to graduate and become good people. Her goal is to have a large shop and save to be able to buy a refrigerator and a stove to make her product and adequately air condition her shop. Yesica has more than 4 years of being a client of FAMA and has punctually complied with her payment schedule.
Yesica es miembro del Grupo Solidario Arca de Noé, tiene 29 años de edad, es casada, tiene 2 hijos, el primero de 10 y el segundo de 5 años, y su esposo se dedica hacer trabajos de construcción. Ella desde hace seis años se dedica a la venta de Golosinas, su horario de atención es de 4:00 p.m. y termina hasta las 10:00 de la noche, Yesica atiende su negocio sola y durante el día también vende lociones y cremas para el cuerpo. Su ventaja es que tiene muchos clientes y que les gusta el producto que ella les ofrece. El préstamo que Yesica solicita lo necesita para comprar la materia prima para la elaboración de golosinas como ser: tacos, baleadas, tajaditas con pollo, pastelitos, etc. Uno de sus sueños es ayudar a sus hijos a que se gradúen y que sean personas de bien. Sus metas es tener un local grande y ahorrar para poder comprar una refrigeradora y una estufa para fabricar su producto y acondicionar adecuadamente su local. Yesica tiene más de cuatro años de ser clienta de FAMA y ha cumplido puntualmente con el pago de sus cuotas.
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.