Update on Gloria ConsueloGloria, 37, is married and has 3 children who live at home with her. For some years she has had a business selling miscellaneous low-cost items door-to-door, and at home she sells candies, chocolate bananas, cheese and bags of water. She lives in the community of La Caucara in the south of Honduras.
Gloria asks for a loan to buy cheese, water, milk and miscellaneous items. With the support of this loan she plans to get ahead in her business and improve her family's quality of life.
Gloria's dream is to improve her house and also her business, and she has a plan to start selling clothing.
San Lorenzo, Honduras - September 2012
Doña Gloria solicita el préstamo para la compra de queso, agua, leche y achinería, con el apoyo de este préstamo ella pretende salir adelante en su negocio y mejorar la calidad de vida de su familia.
Doña Gloria su sueño es mejorar su casa y también su negocio y tiene como proyecto empezar a vender ropa.
SAN LORENZO, HONDURAS - Septiembre del 2012.
Previous Loan DetailsGloria is 36 years old. She lives with her three children and peddles small goods and chocobananas. Chocobananas are small frozen bananas bathed in chocolate. Lots of people like this kind of sweet. Moreover, this is a very hot zone and with the chocobananas one is refreshed a bit. She has a lot of… More from Gloria Consuelo'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