Gs Jerusalen Group
María needs the loan to buy lime powder, corn, firewood and a pan. The impact she expects from the loan is to meet customer demand since she will buy enough product to respond to demand from all of her customers who start coming by starting very early in the morning.
Her future plan is to continue growing in her activity so that she can provide her children with a better education and in order to have a better quality of life.
Santos sells varied merchandise and María Cristina sells tortillas and plastic ware.
Choluteca, Honduras - September, 2012
Doña María el crédito lo necesita para compra de: cal, maíz, leña y un sartén. El impacto esperado con el crédito, es satisfacer las necesidades de sus clientes, ya que comprara bastante producto para contrarrestar la demanda de cada uno de sus clientes los cuales visitan su casa desde muy temprano de la mañana.
Los planes a futuro de Doña María es seguir creciendo en su actividad, y de esta manera darles una mejor educación a sus hijos y tener una mejor calidad de vida.
Santos se dedica a la venta de mercadería variada.
María Cristina se dedica a la venta de tortillas y la venta de plásticos.
Choluteca Honduras, - Septiembre del 2012
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.
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Success!! The loan was 100% repaid