Update on Pablo AntonioDon Pablo is a very hardworking person. He lives with his wife, who supports him in all the work that he does. He and his family live in their own house in the district of Choluteca in the south of Honduras. He is in the business of buying and selling cattle.
He needs a loan in order to buy livestock for his business. He hopes that business will improve at the end of this winter, since business increases in the spring. He also hopes to continue to work hard so that he will be able to increase his sales and improve his quality of life. In the future, he hopes that his income will help him to make improvements to his home so that he can live with more comfort and greater dignity.
Don Pablo el préstamo lo necesita para la compra de vacas para su negocio. Don Pablo espera que al finalizar el esta época de invierno su negocio mejore ya que en la temperada el negocio sube. También Don Pablo espera seguir trabajando duro para que así pueda aumentar sus ventas y mejorar su calidad de vida.
Don Pablo en el futuro espera que sus ingresos le ayuden a mejoras a su vivienda y así vivir más cómodo y digno.
Choluteca, Honduras - Agosto del 2012
Previous Loan DetailsPablo is 59 years old and lives in the neigbourhood of El Porvenir in the city of Choluteca. Pablo is an enterprising man who makes a living in the business of buying and selling cattle. He sells in various places close to the area where he lives and has made a living in this activity for 10 years.… More from Pablo Antonio'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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