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Renacer Group
In this Group: Olga Maribel, Juan Angel, Julio Cesar , Rossy Javier
Juan is 32 years old and is a member of Grupo Solidario Renacer. He is married and has three children whom he lives with in the community of San Esteban, Olancho. His wife makes a living attending to the grocery store and fulfilling the household chores. Juan has made a living for the past five years in the buying and selling of milk. He also has a small grocery store where his wife helps when he is not there. She is a person that supports him in everything that he has decided to undertake.

He leaves to sell milk from his car at 6:00 am until 12:00 pm and spends his afternoon taking care of the grocery store. On occasion, difficulties have presented themselves, being that in the summer it is more complicated because there is less production and as such his earnings are reduced.

With the help of this loan he will be able to purchase products such as rice, sugar, beans, butter, soap, detergent, refreshments and sweets, among others because he needs to stock the grocery store to offer his customers all that they need. One of his challenges is offering his community better service giving them lower prices and better attention. His goal is to come to have a small market where his customer can find all that they need.

Juan has been a client of FAMA for more than 10 years and has been punctual with his payments.
View original language description ↓
Juan tiene 32 años de edad, es miembro del Grupo Solidario Renacer, es casado y tiene 3 hijos, ellos residen en la comunidad de San esteban, Olancho. Su esposa se dedica atender la pulpería y a realizar los quehaceres del hogar, Juan desde hace cinco años se dedica a la compra y venta de leche, además tiene una pequeña pulpería que cuando el no esta su esposa le ayuda en el negocio, la cual es una persona que le apoya en todo lo que ha decidido a emprender, el sale a vender en su carro la leche desde las 6:00 am hasta las 12:00 pm y por la tarde se dedica a cuidar la pulpería. En ciertas ocasiones se le presentan algunas dificultades ya que en el verano se le complica un poco porque la producción es menor por lo tanto las ganancias se reducen. Con la ayuda de este préstamo podrá comprar productos como ser: arroz, azúcar, frijoles, manteca, jabón, detergente, refrescos, dulces, entre otros, ya que necesita surtir la pulpería para ofrecer a sus clientes todo lo que necesiten. Uno de sus desafíos es brindar a su comunidad un mejor servicio dándoles precios más bajos y una mejor atención, su meta es llegar a tener un mercadito donde el cliente pueda encontrar todo lo que necesite. Juan ha sido cliente de FAMA por más de 10 años 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
  • 26
    View loans »
    Honduras Loans Fundraising
  • $8,349,700
    Funds lent in using Kiva
  • 19.1
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A portion of Renacer Group's $1,000 loan helped a member to buy general groceries.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 30, 2012
Listed
Jul 1, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2012