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Maria Elemena

Update on Maria Elemena

Maria is 52 years old, she lives together with her husband in a home in the town of Altos de la Flor, in the south of Honduras. She has worked for 10 years selling rice, beans, meats, foodstuffs, and general grocery items. Her customers are all the people who travel near her business which she runs out of her home.

Maria is requesting 15,000.00 lempiras in order to purchase inventory items such as rice, beans, eggs, bath soap, butter, dairy products, corn, meats, and other basic consumer goods because her customer base has grown and she needs to provide a variety of goods. With the assistance from this loan she hopes to be able to provide a greater variety and obtain greater income.

Maria's goal is to improve her home
San Lorenzo, Honduras - October of 2012.
View original language description ↓
La Señora María de 52 años, vive con su conyugue en casa de habitación en la comunidad de alto de la flor, en la zona sur de Honduras, se dedica desde hace 10 años a su venta de arroz, frijoles, huevos, carne, embutidos, productos alimenticios, abarrotería en general, sus clientes son todas las personas que transitan por su negocio el cual esta ubicado en su casa de habitación.
Doña María esta solicitando 15,000.00 lempiras para compra de productos alimenticios como ser arroz, frijoles, huevos, jabón de baño, manteca, lácteos, maíz, embutidos, lácteos y otros productos de consumo básico ya que su clientela ha aumentado y necesita variedad de productos, Con el apoyo de este préstamo pretende tener bien surtido y obtener mas ganancias
Doña María su sueño es mejorar su casa de habitación.
San Lorenzo, Honduras - Octubre del 2012.

Previous Loan Details

Maria Elemena in the town of Altos de la Flor. She has her own house and lives with her three grandchildren. Maria sells products of daily consumption. She has a small grocery store business in her house. She sells products such as : basic grains, lard, oil, beans, sugar, paper, candles, beverages,… More from Maria Elemena's previous loan »

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.

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.

About Honduras

  • $4,200
    Average annual income
  • 30
    View loans »
    Honduras Loans Fundraising
  • $8,146,250
    Funds lent in using Kiva
  • 19.8
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Maria Elemena to purchase rice, beans, eggs, bath soaps, butter, dairy products, corn, meats, and other basic consumer goods for her store.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 31, 2012
Listed
Nov 12, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2013