Yaneth is a member of the Eloteros Group. She is 21 years old, she is married, and she has two children. Her husband makes a living offering short trips.
Three years ago Yaneth began selling used clothes based on requests she received from her neighbors. The challenges she faces are seasonal drops in sales. She is requesting this loan to invest in more clothes of the current fashions so that she can attract more customers and increase her sales.
She works from 7:00 AM until 4:00 PM. Her biggest challenge is that when she provides her customers with a line of credit, they don't always pay her back on time. Her goals are to be successful and to have her own store where she can sell different styles of clothing so she can make a bigger income. She wants to help her husband with the household expenses and those of her children.
This is the first time Yaneth has asked for a loan from FAMA and she plans to repay her debt punctually.
Yaneth es miembro del Grupo Solidario Los Eloteros, tiene 21 años de edad, es casada, tiene 2 hijos, su esposo se dedica a hacer viajes expresos. Yaneth inicio hace 3 años con la venta de ropa usada, ya que sus vecinas le pedían que vendiera y fue así como comenzó con la venta de ropa. Los desafíos que se le presentan a Yaneth es que las ventas bajan en algunas temporadas del año. Ella está solicitando este préstamo para invertirlo en la compra de ropa con estilos que estén a la moda para así poder llamar la atención de sus clientes y de este modo pueda aumentar sus ventas. Ella comienza a trabajar desde las 7:00 A.M hasta las 4:00 P.M, su desventaja es que cuando da al crédito no siempre le pagan puntualmente. Sus metas es prosperarse y tener su propio local con las diferentes prendas de vestir para poder tener mejores ingresos y así ayudar a su esposo a cubrir los gastos del hogar y de sus hijos. Yaneth es es el primer ciclo que solicita en FAMA y espera cancelar sus cuotas de forma puntual.
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.