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Sol Group
In this Group: Nelsy Yolanda, Nora Patricia
The group “Solidario Sol” is made up of two ladies who perform different economic activities in the city of Juticalpa. Nora Patricia is the group’s coordinator and she sells silver accessories for women. She’s 28 years old, married, and has a four year old baby.

Five years ago Nora followed the example of one of her neighbors and decided to sell cosmetics via catalog. Later, after a few years, she decided to focus on selling accessories instead. Her business does not have a name because she sells on foot and occasionally from her home whenever her friends and neighbors go to look for her. Nora’s biggest challenge is the climate, as the temperature during these months is very hot. Another challenge comes from when Nora grants credit because sometimes they take a long time to pay. Nora needs this loan to buy supplies to make some designs and accessories and also to buy some of the latest styles. With the help of this loan she will be able to stock her business with more and a greater variety of products to satisfy her customers’ different needs and therefore increase her income.
View original language description ↓
Grupo Solidario Sol esta integrado por dos socias que se dedican a diferentes actividades económicas en el municipio de Juticalpa. La coordinadora de este Grupo se Nora Patricia, y ella se dedica a la venta de accesorios de plata para mujer, tiene 28 años de edad, es casada y tiene un bebé de cuatro meses.
Hace cinco años atrás Nora siguiendo el ejemplo de una de sus vecinas decidió dedicarse a la venta de productos cosméticos por catalogo. Luego de unos años resolvió mejor dedicarse a la venta de accesorios. Su negocio no tiene nombre porque realiza las ventas de forma ambulante, y de vez en cuando en su hogar cuando sus vecinas o amistades llegan a buscarla. La dificultad más grande que enfrenta Nora es el clima, ya que la temperatura en estos meses es bien caliente y también cuando da la mercadería al crédito porque a veces se tardan mucho en cancelarle. El préstamo que esta solicitando Nora lo necesita para comprar la materia prima para elaborar algunos diseños y accesorios y también comprar estilos actuales y a la moda. Con el apoyo de este financiamiento ella podrá surtir su negocio de más y variados productos para satisfacer las diferentes necesidades de sus clientes y de ese modo podrá aumentar sus ganancias.

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

  • $4,800
    Average annual income
  • 103
    View loans »
    Honduras Loans Fundraising
  • $9,207,550
    Funds lent in using Kiva
  • 19.1
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A portion of Sol Group's $1,475 loan helped a member to buy jewelry.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Apr 3, 2012
Jun 1, 2012
Currency Exchange Loss:
Sep 15, 2012