Update on Mirian SuyapaMirian, 41, is married living with her husband; she has three children that depend on her. She owns her house and for the last two years has been working in a business selling wood furniture like chests of drawers, beds, living room sets, dining room sets, chairs, doors, beds, kitchen cabinets and others. She sells both in her workshop and from place to place. Mirian is a hardworking woman who very much wants to get ahead in her business.
Mirian is requesting a loan to buy raw materials like cedar wood and paint. With support from this loan she intends to cover the business’ financial need because she wants to buy raw materials to continue manufacturing furniture and get ahead with her business this way. She’s very happy to continue working with Prisma loans. Mirian’s dream is to have a large store where she can sell other things besides furniture.
San Lorenzo, Honduras - October, 2012.
Doña Mirian esta solicitando el préstamo para la compra de materia prima como ser: madera de cedro para elaborar los muebles y pinturas. Con el apoyo de este préstamo ella pretende suplir la necesidad de financiamiento para su negocio ya que desea comprar la materia prima para seguir elaborando las muebles y de esta manera salir adelante con su negocio, esta muy contenta de seguir trabajando con Prisma en sus préstamos.
Doña Mirian su sueño es tener una comercial grande donde pueda vender otras cosas aparte de muebles.
San Lorenzo, Honduras - Octubre del 2012.
Previous Loan DetailsMirian, age 40, is married and has three children who are currently studying. Mirian is an entrepreneurial woman; a year ago she decided to invest into wooden furniture in order to resell it. Her husband has a workshop which makes doors, windows, tables, chairs, and other products. Mirian will us... More from Mirian Suyapa'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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