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Gs La Aguja 3 Group
In this Group: Martha Lidia, Milton Stalin, Pedro Antonio
Martha is a hardworking woman, who is 100% committed to her work. She is mother to one son. She has a business in the home where she lives in the south of Honduras. For the past ten years she has made tortillas. Martha needs the loan to purchase corn, firewood, and quicklime. The loan will help her have fresh capital to invest since it has become undercapitalized. She also provides credit in her business.

Martha’s dream is to give her son a quality education so that he can have a better future.

Milton has sold firewood for over 6 years.

Pedro has had his own corner store for over 15 years.
Choluteca, Honduras – August 2012
View original language description ↓
Doña Martha es una señora muy trabajadora dedicada 100% a su trabajo, madre de un niño. Tiene su negocio en su casa de habitación en el sur de Honduras. Desde hace más de 10 años se dedica a Lo que es la fábrica de tortillas.
Doña Martha El préstamo lo necesita Para la compra de maíz, leña y cal. Este crédito le ayudara ya que tendrá capital fresco para invertir ya que se ha descapitalizado. También ella da créditos en su negocio.
Doña Martha sus sueños son de poder darle a su hijo una educación de calidad. Para que tenga un mejor porvenir.
Milton se dedica a la venta de leña desde hace más de 6 años.
Pedro se dedica a su negocio propio de pulpería desde hace más de 15 años.
Choluteca, Honduras - Agosto 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
  • 30
    View loans »
    Honduras Loans Fundraising
  • $8,248,075
    Funds lent in using Kiva
  • 19.6
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A portion of Gs La Aguja 3 Group's $775 loan helped a member to purchase corn, firewood, and quicklime for her tortilla making business.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 16, 2012
Listed
Sep 9, 2012
Currency Exchange Loss:
Possible
Ended:
May 17, 2013