Update on Kenia YakelinKenia is 32 years old and lives in the southern part of Honduras together with her two children and her husband. He supports her in her business activity, which she has been doing in the village where they live for five years.
Kenia's business is in an easily accessed location, which means that a lot of people visit it. She needs the loan so that she can buy corn, lime, firewood, and a frying pan. She expects that the loan will enable her to buy enough supplies to meet the daily demand of every one of her customers.
Kenia's future plan is to continue growing her business and to buy a tortilla-making machine so that she can generate a better income and have a better life.
Choluteca, Honduras - July 2012
Doña Kenia su negocio esta en un punto de fácil acceso, y esto se presta para que sea muy visitado por muchas personas. El crédito lo necesita para la compra de maíz, cal, leña, sartén. El impacto esperado con el financiamiento, es comprar producto para contrarrestar la demanda diaria de cada uno de sus clientes.
Doña Kenia los planes a futuro es seguir creciendo en su negocio, y comprar una maquina para hacer tortillas, como también generarse mejores ingresos y tener una mejor vida.
Choluteca, Honduras - Julio del 2012.
Previous Loan DetailsSeñora Kenia is 32 years old and lives in the village of el Cerro de Marcovia with her husband and 2 children. Kania is an honest and hardworking woman. She makes and sells tortillas. She gets up very early every day to start making tortillas to have them ready by 7 in the morning for distribution.… More from Kenia Yakelin's previous loan »
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.
Concurrent and Successive Loans
Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.
This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.
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Success!! The loan was 100% repaid