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Gs Nueva Jutiapa Group
In this Group: Juan Jose, Jorge De Jesus, Danilo Francisco
Sr. Juan is a merchant whose main business activity is selling groceries, but he also performs bicycle repairs and sells the respective spare parts. He has been in business for more than 10 years. Don Juan is a hardworking individual and his clientele are from the area and include people who live in the mountains near his community. Through his business, he has been able to move forward since it is one his main sources of income. He knows how to attract customers because he gives them special attention. As a result, he is well-liked in the community.

Don Juan will use his loan to buy tires, chains, rims, handles, cables, rice, corn, lard, soap, detergent, oil, soft drinks, bread, coffee, eggs, and other items. This will enable him to have a better business. As a result, he will be able to cover his household expenses and provide a better quality of life for his family. Don Juan dreams of having a workshop with all of the necessary equipment.

The other members are as follows:
• Don Danilo is a merchant whose main business activity is selling groceries and butchered cows. He has eight years of experience.
• Don Jorge is a merchant who also has a grocery store. He has three years of experience.

Danli El Paraíso, Honduras - October 2012
View original language description ↓
El Señor Juan, se dedica al comercio su actividad principal es la venta de abarroteria y la venta de repuestos de bicicleta y reparación de las mismas, el cuenta con mas 10 años de experiencia en el manejo de su negocio. Don Juan es una persona muy trabajadora, el cuenta con la clientela de la zona y de las personas de las montañas cercanas a su comunidad, a través de su negocio a salido adelante, ya que ha sido una de las principales fuentes de ingresos, el se ha sabido ganar la clientela porque su manera de atenderlos es muy especial y es una persona muy querida en su comunidad.
Don Juan con el préstamo comprara llantas, cadenas, rines, manecillas, cables, arroz, maíz, manteca, jabón, detergente, aceite, frescos, pan, café, huevos etc. esto le contribuirá a tener un mejor negocio, para cubrir los gastos en el hogar y una mejor calidad de vida para su familia.
Don Juan sueña con tener un taller con todos los implementos necesarios.
Don Danilo, se dedica al comercio, su actividad principal es la venta de abarroteria (pulpería), y el destazo de reses, el cuenta con 8 años de experiencia.
Don Jorge, se dedica al comercio, su actividad principal es la venta de abarroteria (pulpería), cuenta con 3 años de experiencia.
Danli El Paraíso, Honduras - Octubre 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
  • 27
    View loans »
    Honduras Loans Fundraising
  • $8,146,250
    Funds lent in using Kiva
  • 19.7
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A portion of Gs Nueva Jutiapa Group's $1,900 loan helped a member to buy tires, chains, rims, handles, cables, rice, corn, lard, soap, detergent, oil, soft drinks, bread, coffee, eggs, and other items.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 12, 2012
Listed
Nov 14, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 18, 2013