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Las Vecinas Group
In this Group: Norma Aracely , Ada Leticia , Rosario Sarahi
Norma is 40-years-old and a member of the “Las Vecinas” (The Neighbors) communal bank. She’s married and has six children. Her husband works in construction and is contracted to work by the day. It’s a humble family of good principles that’s very hardworking. They live in the community of Carbonal in Bonito Central, Colon.

Norma started her business 15 years ago; she sells bunches of bundled spices in the street by herself. The loan Norma is asking for is needed to buy condiments like pepper, sulphur, garlic salt, curry, cumin, meat tenderizer and chicken consommé, among others. With help from this loan she will be able to stock her business and offer her customers everything they need.

The problems Norma faces are high prices of staple food items and the country’s poor economy since all of this affects her daily sales. Her dream is to set up a business where she can distribute the various products she has on sale and be able to add more merchandise that her customers request so that her business will grow.

This is Norma’s third loan request to FAMA and she’s had no problems making her installment payments.
View original language description ↓
Norma tiene 40 años de edad, es miembro del Grupo Solidario Las Vecinas, es casada y tiene 6 hijos, su esposo es albañil y trabaja por contratos y al día, es una familia humilde de buenos principios y bien trabajadora, ellos residen en la Comunidad del Carbonal, Bonito Oriental, Colon. Norma comenzó con su negocio desde hace 15 años, ella se dedica a vender ristras de condimentos, lo hace de forma ambulante y trabaja sola. El préstamo que Norma solicita lo necesita para invertirlo en la compra de condimentos como ser: pimienta, azufre, sal de ajo, curri, cominos, ablandador de carne, consomé de pollo, entre otros. Con la ayuda de este préstamo podrá surtir su negocio y ofrecer a sus clientes todo lo que necesiten. Los problemas por los que enfrenta Norma son los altos precios de la canasta básica y la mala economía del país, ya que todo eso le afecta en sus ventas diarias. Su sueño es establecer un negocio donde pueda distribuir los diferentes productos que tiene a la venta y poder agregar más mercadería que sus clientes le soliciten para que su negocio crezca. Es el tercer financiamiento que Norma solicita en FAMA y no ha tenido problemas al cancelar sus cuotas de pago.

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
  • 27
    View loans »
    Honduras Loans Fundraising
  • $8,936,725
    Funds lent in using Kiva
  • 19.1
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Vecinas Group's $1,125 loan helped a member to buy pepper, sulphur, garlic salt, cumin and others.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
May 22, 2012
Jul 5, 2012
Currency Exchange Loss:
Nov 20, 2012