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Gs Nueva Vision Group
In this Group: Martina, Hilda Maribel, Maria Odilia
Sra. Martina, age 55, lives with her husband in their own home that is located in a community in southern Honduras. She sells soft drinks and also has a mill for grinding corn. Martina has been in business for 15 years and works from home. Her customers are all of her neighbors from the community.


Doña Martina is requesting a loan so that she can buy soft drinks and spare parts for her grain mill. With this loan, she hopes to generate better earnings since the final months of the year are when her sales usually improve.


With the support of this loan, Doña Martina plans to continue investing in her business and growing alongside her fellow group members. Doña María and Doña Hilda are residents of the same community and earn their living by selling tortillas, Nicaraguan tamales, bread, and pottery.


Doña Martina hopes to have a business that is well-stocked for her community so that she can provide better service to her customers.


San Lorenzo, Honduras – October 2012

View original language description ↓
La señora Martina de 55 años de edad, vive con su conyugue en su casa de habitación, ubicada en una comunidad al sur de Honduras, se dedica a la actividad que es: la venta de fresco y un molino de moler maíz, se dedica al negocio desde hace 15 años en su casa de habitación, sus clientes son los todos los vecino de la comunidad.
Doña Martina solicita el préstamo para comprar frescos y repuesto para su molino. Con el préstamo espera tener mejores ganancias, ya que los últimos meses del año son cuando mejoran sus ventas.
Doña Martina con el apoyo de este préstamo desea seguir invirtiendo en su negocio y seguir creciendo al igual que sus demás compañeras de grupo quienes se dedican a la venta de tortillas, nacatamales, pan y alfarería, ellas son Doña María Y Doña Hilda residentes en la misma comunidad.
Doña Martina su sueño es tener el negocio mas surtido de la comunidad y brindarles mejor atención a sus clientes.
San Lorenzo, Honduras - Octubre 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

  • $4,200
    Average annual income
  • 22
    View loans »
    Honduras Loans Fundraising
  • $8,199,100
    Funds lent in using Kiva
  • 19.7
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A portion of Gs Nueva Vision Group's $775 loan helped a member to buy soft drinks and spare parts for her grain mill.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 25, 2012
Listed
Nov 8, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 18, 2013