Glenys is a member of the group Solidario Yalatu. She is 34 years old and is a single mother of two children. She decided to start her business, which is named "Golosinas Danny" two years ago when a friend of hers came to her home selling food.
She is seeking this loan so that she can buy canned products that she will use to make snacks. She starts working at 6:00 am and finishes at 8:00 pm. She hopes that with the help of the loan she will be able to stock her business and offer her customers everything that they need. Her goal is to increase her income so that she can help her children cover their educational expenses.
This is her first loan from FAMA, and she hopes to repay her loan on schedule.
Doña Glenys es miembro del Grupo Solidario Yalatu, tiene 34 años de edad, es madre soltera y tiene 2 hijos. Glenys inicio hace 2 años cuando un amigo llegaba a su casa y le vendían comida y fue desde ese entonces que decidio comenzar el negocio, se llama golosinas Danny, ella está solicitando este préstamo para invertirlo en la compra de productos de la canasta básica para hacer bocadillos. Ella comienza a trabajar desde las 6:00 A.M y culmina a las 8:00 P.M, espera que con la ayuda del préstamo pueda surtir su negocio y así poderles ofrecer a sus clientes todo lo que necesiten. Sus metas es tener mejores ingresos para poder ayudar a sus hijos a cubrir los gastos estudiantiles. Glenys es el primer financiamiento que recibe de FAMA y espera cancelar sus cuotas de forma puntual.
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.