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Gs Manantial De Vida Group
In this Group: Maria Yolanda, Maria Felix, Maria Elena
Mrs. María Yolanda is 41 years old, lives with her spouse and her five children in her house that is located in San Lorenzo in the south of Honduras where she has worked for several years making and selling tortillas. Her group members have elected her as their leader because of her responsibility. Mrs. María Yolanda is asking for a loan to purchase corn and firewood, which are essential to making tortillas, with the help of this loan, she will improve her earnings and purchase what she needs in order to continue working. Also, Mrs. María Felix has her own mill and Mrs. María Elena sells tamales and tacos. Mrs. María Yolanda's dream is to improve her house in order to improve her family's living conditions.
San Lorenzo, Honduras-June 2012.
View original language description ↓
La señora María Yolanda de 41 años de edad, vive con su conyugue y sus cinco hijos en su casa de habitación ubicada en San Lorenzo al sur de Honduras se dedica desde hace varios años al negocio de elaboración y venta de tortillas.
Sus compañeros de grupo la han elegido como la líder de su grupo por su responsabilidad.
Doña María Yolanda solicita el préstamo para la compra de maíz y leña que son la materia prima que necesita para elaborar las tortillas, con el apoyo de este préstamo ella mejorara sus ingresos y comprara lo que necesita para seguir trabajando. Al igual que doña Maria Félix que tiene su molino y doña Maria Elena que se dedica a la venta de tamales y tacos.
El sueño de doña Maria Yolanda es mejorar su casa, para mejorar las condiciones de vida de ella y su familia.
San Lorenzo, Honduras - Junio del 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
  • 55
    View loans »
    Honduras Loans Fundraising
  • $8,014,700
    Funds lent in using Kiva
  • 19.1
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A portion of Gs Manantial De Vida Group's $1,000 loan helped a member purchase corn and firewood.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 7, 2012
Listed
Jul 6, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013