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Gs Marcelino I Group
In this Group: Wendy Yohana, Maria Eufemia, Maria Juana
Young Wendy is a very enterprising woman and dedicated to her business. She lives with her husband and five children in Choluteca, in the south of Honduras. She has been running this type of business for more than five years.

Wendy will invest this loan in the purchase of soft drinks, coffee, sugar, beans, rice, lard, meats, dairy products, and other consumer goods in order to increase sales. Wendy hopes to increase her sales and better serve her customers with this loan. She hopes that with these funds her business will be more stable and profitable. Wendy dreams of being able to provide a better education for her children, and help her family.

Maria has been buying and selling American clothing for more than 10 years in the local market. Eufemia has been buying and selling tortillas for more than 12 years.

Choluteca, Honduras - June 2012
View original language description ↓
La joven Wendy es una persona muy emprendedora dedicada a su negocio, vive con su esposo y sus 5 hijos. En Choluteca en el sur de Honduras. Y tiene más de 5 años de tener este tipo de negocio.
Wendy el préstamo lo invertirá en la compra de refrescos, café, azúcar, frijoles, arroz, manteca, carne, lácteos y otros productos de consumo de esta manera incrementar más sus ventas.
Wendy con el préstamo espera mejorar sus ventas y asi atender mejor a sus clientes. Con estos fondos espera que su negocio sea más sólido y rentable.
Los sueños de Wendy es poder y darles a sus hijos una mejor educación y ayudar a su familia.
María se dedica a su negocio de compra y venta de ropa americana desde hace más de 10 años en el mercado de esa zona.
Eufemia se dedica su negocio de compra y venta de tortillas. Desde hace mas de 12 años.
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

  • $4,800
    Average annual income
  • 89
    View loans »
    Honduras Loans Fundraising
  • $8,673,875
    Funds lent in using Kiva
  • 19.1
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A portion of Gs Marcelino I Group's $1,700 loan helped a member to buy beverages, coffee, sugar, beans, rice, lard, meats, dairy products, and other consumer goods for her business.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 30, 2012
Listed
Aug 3, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2013