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Gs El Cedrito I Group
In this Group: Victor Rufino, Marelene Yolanda, Sayda
Víctor is a very enterprising person who is dedicated to his business. He lives with his wife and children in Choluteca in southern Honduras. He has more than 5 years experience in this type business.

Víctor will invest the loan in buying corn, firewood, lime, bevergaes, sugar, coffee, bread, candies, pastries and more products. In this way he will increase his sales. With the loan he hopes to improve his sales and serve his customers better. With these funds he hopes for his business to be more solid and profitable.

Víctor dreams of giving his children and their mother the best.
Marelene has had her own small grocery store for more than 3 years.
Sayda buys and sells chickens and makes piñatas.
Choluteca, Honduras - June, 2012
View original language description ↓
El Señor Víctor es una persona muy emprendedora y dedicada a su negocio, vive con su esposa y sus hijos. En Choluteca en el sur de Honduras. Y tiene más de 5 años de tener este tipo de negocio.
Don Víctor el préstamo lo invertirá en la compra de maíz, leña, cal, refrescos, azúcar, café, pan, dulces, confites y Otros Productos de Consumo. De esta manera incrementara más sus ventas. Con el préstamo espera mejorar sus ventas y así atender mejor a sus clientes. Con estos fondos espera que su negocio sea más sólido y rentable.
Don Víctor sueña con darles a sus hijos y a su madre lo mejor.
Marelene se dedica a su negocio propio pulpería desde hace más de 3 años.
Sayda se dedica a la compra y venta de gallinas y fabricación de piñatas.
Choluteca, 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
  • 18
    View loans »
    Honduras Loans Fundraising
  • $8,346,875
    Funds lent in using Kiva
  • 19.1
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A portion of Gs El Cedrito I Group's $1,375 loan helped a member to buy corn, firewood, lime, beverages, sugar, coffee, bread, candies, pastries and other products for his business.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 6, 2012
Listed
Jul 7, 2012
Currency Exchange Loss:
Possible
Ended:
May 17, 2013