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Gs 16 De Abril Group
In this Group: Ricardo Enrrique, Antonio De Jesus, Sara Del Carmen
Ricardo is 40 years old and has three children. His main activity is selling seasonal fruit and oven-baked bread. He has six years of experience managing his business and counts on his wife's support.
Ricardo is requesting the loan in order to purchase fruit, such as oranges, tangerines, avocados, pineapple, plums, mangoes, watermelon, melon, and other products to make oven-baked bread, so that he can offer his customers good service. Since his business is located on the main street in the community where he lives, this makes sales easier by creating a broader customer base.
Ricardo also sells his products on the street, going out on his bicycle to several communities in the area. He is a very hard worker and has found a way to move forward with his business, which has been his only source of income. The support afforded by this loan will help Ricardo have a better business so that he can earn a better income to cover home expenses and give his family a better quality of life.
Ricardo's dream is to have a motorcycle so that he can sell more products in other communities.

Sara works selling mainly the food "nacatamales."
Antonio works selling mainly basic grains, rice, and beans. He has twelve years of experience and has three children.

Danli El Paraíso, Honduras - April, 2012
View original language description ↓
El Señor Ricardo, tiene 40 años de edad, tiene 3 hijos, Su actividad principal es la venta de frutas de temporada y pan Orneado, tiene 6 años de experiencia en el manejote su negocio, el cuenta con el apoyo de su esposa, Don Ricardo esta solicitando el préstamo para la compra de frutas como ser: naranjas, mandarinas, aguacates, piñas, ciruelas, mangos, sandias, melones y otros productos para la elaboración del pan orneado, para la buena atención de sus clientes, ya que al tener su negocio ubicado en la calle principal de la comunidad donde el vive le facilita sus ventas, al tener una mejor clientela, Don Ricardo también vende de manera ambulante, en su bicicleta, en algunas comunidades de la zona, el es una persona muy trabajadora y ha sabido salir adelante con su negocio que ha sido la única fuente de ingresos, con el apoyo solicitado del préstamo que reciba Don Ricardo, le contribuirá a tener un mejor negocio, y así obtener mejores ingresos para cubrir los gastos en el hogar y darle una mejor calidad de vida a su familia.
El sueño de Don Ricardo es tener una motocicleta, para vender mas producto en otras comunidades.
La Señora Sara, se dedica al comercio, su actividad principal es la venta de golosinas Nacatamales.
El Señor Antonio, se dedica al comercio, su actividad principal es la venta granos Básicos “maíz y frijoles” El cuenta con12 años de experiencia, tiene 3 hijos.
Danli El Paraíso, Honduras - Abril 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.

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
  • 12
    View loans »
    Honduras Loans Fundraising
  • $8,471,400
    Funds lent in using Kiva
  • 19.1
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A portion of Gs 16 De Abril Group's $1,050 loan helped a member to purchase fruit such as oranges, tangerines, avocados, pineapple, plums, mangoes, watermelon, melon, and other products for his business.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 20, 2012
Listed
Jun 1, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2012