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Gs El Mercado 2 Group
In this Group: Denis Fernando, Doris Gonzalina, Fernando
Denis is a very hard-working young man, who is dedicated to his business selling new merchandise, an activity which he has been involved in for 6 years. His business is located in a strategic position, where there is a large flow of people as it is in the city centre, and this means that many people visit it.
Denis was granted the loan to buy merchandise such as trousers, skirts, shirts, blouses and children's clothes to stock his business better. The impact of the loan has been to considerably increase his sales, as he was able to buy a variety of products with which he could satisfy the needs of each of his customers, and at the same time, generate higher earnings.
Denis would like to continue working with this kind of loan, as they have been of great help to him in expanding his commercial activity. Denis' future plans are to continue growing in his own business and to increase his profits to give his family a better quality of life.
Doris Gonsalina works selling merchandise and sandals.
Fernando works selling merchandise and accessories.

Choluteca, Honduras - August 2012.
View original language description ↓
El joven Denis es una persona muy trabajadora, dedicado a su negocio que es la venta de mercadería nueva, actividad que realiza desde hace 6 años, su negocio se encuentra en un punto estratégico, donde la fluidez es en grandes cantidades ya que esta en el centro de la ciudad y esto hace que sea muy visitado.
Denis el crédito que se le otorgo fue para la compra de mercadería como pantalones, faldas, camisas, blusas, ropa de niño para surtir más su negocio. El impacto obtenido con el financiamiento, es que sus ventas se incrementaron en gran manera, ya que pudo comprar variedad de producto y así de esta manera pudo satisfacer las necesidades de cada uno de sus clientes, de igual manera generarse mejores ingresos.
A Denis le gustaría seguir trabajando, con este tipo de crédito, ya que han servido de mucho apoya para el crecimiento de su actividad comercial. Los planes a futuro de Denis es seguir creciendo en su negocio propio, y tener mejores ingresos para darle una mejor calidad de vida a su familia.

Doris Gonsalina se dedica a la venta de mercadería y sandalias.
Fernando se dedica a la venta de mercadería y accesorio de vestir.

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

  • $4,800
    Average annual income
  • 94
    View loans »
    Honduras Loans Fundraising
  • $8,680,050
    Funds lent in using Kiva
  • 19.7
    Honduras Lempiras (HNL) = $1 USD
Expired
A portion of Gs El Mercado 2 Group's $1,800 loan helped a member to buy trousers, skirts, shirts, blouses and children's clothes for his business.
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 27, 2012
Listed
Oct 5, 2012
Currency Exchange Loss:
Possible
Expired:
Nov 4, 2012