Gs La Estrella Group
Update on Gs La Estrella GroupCarmenza is a very hard working and dedicated woman and mother of 3 young children who help in her work.
She has a business at her home in the south of Honduras. For more than 10 years she is sold snacks.
The loan that she needs is for buying drinks, condiments, meats and other things, the loan will help her as she will have fresh capital to invest as she also sells on credit to her customers.
Her dream is to give her children a quality education.
Maribel has sold used clothes for over four years and lives with her husband.
Surit has sold used clothes for over 8 years.
Choluteca, Honduras - August 2012.
Doña Carmenza El préstamo lo necesita para la compra de refrescos, condimentos, carnes y otros, Este crédito le ayudara ya que tendrá capital fresco para invertir. Ya que ella también da crédito a sus clientes.
Doña Carmenza sus sueños son de poder darles a sus hijos una educación de calidad.
Maribel se dedica a la venta de ropa usada desde hace mas de 4 años y actualmente vive con su esposo.
Surit se dedica a su negocio propio venta de ropa usada desde hace más de 8 años.
Choluteca, Honduras - Agosto del 2012
Previous Loan DetailsDoña Carmenza is a very hard-working person who is very dedicated to her business. She lives with her husband and three children. For over five years, Carmenza has had a business selling snacks from her home; her home is located in a tourist area and she has a lot of demand for her food. With th... More from Gs La Estrella Group'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.
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.
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Success!! The loan was 100% repaid