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Desarrollo Group
In this Group: Ignacia Yemileth, Teodora , Maria Elida
Ignacia Yemileth is a member of the “Desarrollo” (Development) communal bank. She’s married and has four daughters. Her husband works building houses. Her daughters are students. She is a responsible, hardworking woman who very much wants to get ahead; she lives in Colon.

For the last ten years Ignacia has been working selling snacks and natural beverages. Her work schedule is 9am to 3:30pm. One of her advantages is that she has many customers because they like the product she offers.

Ignacia needs the loan she’s requesting to buy raw materials to make her snacks and natural beverages like: flour, lard, bananas, chicken, tamarinds and melon, among others. With support from this loan Ignacia will be able to stock her business so that sales will be greater and her living conditions will be better.

Her goals are to make her business grow and to raise her children. Her greatest challenge is being able to have her business at home because she doesn’t have a stable place to sell her snacks. Ignacia has been a FAMA client for three cycles and she’s made all her installment payments punctually.
View original language description ↓
Ignacia Yemileth, es miembro del Grupo Solidario Desarrollo, es casada y tiene 4 hijas, su esposo se dedica a la construcción de viviendas, sus hijas son estudiantes, ella es una persona responsable, trabajadora y con muchos deseos de salir adelante, y reside en el municipio de Colon. Ignacia desde hace 10 años se dedica a la venta de golosinas y refrescos naturales, su horario de atención es de 9:00 am y culmina a las 3:30 pm. Una de sus ventajas es que tiene muchos clientes ya que les gusta el producto que ella les ofrece. El préstamo que Ignacia solicita lo necesita para invertirlo en la compra de materia prima para la elaboración de golosinas y refrescos naturales como ser: harina, manteca, plátanos, pollo, tamarindos, melón, entre otros. Con el apoyo de este préstamo Ignacia podrá surtir su negocio por lo que tendrá mayores ventas y sus condiciones de vida serán mejores. Sus metas es hacer crecer su negocio y sacar adelante a sus hijos. su mayor desafio es poder tener el negocio en su casa ya que no tiene un lugar estable para la venta de sus golosinas. Ignacia tiene tres ciclos de ser clienta de FAMA y ha cancelado sus cuotas puntualmente.

Additional Information

About FAMA:

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.

About Honduras

  • $4,200
    Average annual income
  • 25
    View loans »
    Honduras Loans Fundraising
  • $8,352,300
    Funds lent in using Kiva
  • 19.1
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A portion of Desarrollo Group's $950 loan helped a member to buy flour, sugar, lard and tamarinds, among others.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 29, 2012
Listed
Apr 7, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2012