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Martas Group
In this Group: Martha Leticia, Sarai Dezireth, Marta Leticia
Martha is a member of the united group Las Martas. She is 47 years old and is a single mother of five children. She is a hard-working, friendly and entrepreneurial person. She started her business 15 years ago. She earns a living selling snacks, a business with which she can help her children get ahead. She gets up at 3:00 a.m. to cook and at 9:00 a.m. she goes out to sell. She works everyday and does it with one of her daughters. Her main challenge is to go out to sell when it is raining since she does not have a means of transportation and problems with the weather affect her daily sales.

With the loan Martha is requesting, she needs it to invest in the purchase of products such as flour, chicken, and corn (fresh and dried) in order to cook her snacks. With the help of this loan, she will be able to offer more snacks to her customers and in this way she will have greater sales and better profits which will help her to support her family.

Her dream is to have her own shop and not go out to do mobile sales and to be able to have her business located in the center of the city so that she can save for when she is no longer able to work and thus have a peaceful retirement. Martha is the second loan requested from FAMA and they have satisfactorily made the payments [on the first one].
View original language description ↓
Doña Martha es miembro del Grupo Solidario Las Martas, tiene 47 años de edad, es madre soltera de cinco hijos, es una persona trabajadora, amigable y emprendedora. Ella inicio su negocio desde hace 15 años, se dedica a la venta de golosinas, negocio con el que pudo sacar adelante a sus hijos, se levanta a las 3:00 am a cocinar y sale a vender a las 9:00 am, el trabajo lo realiza todos los días y lo hace en conjunto con una de sus hijas, su principal desafío es salir a vender cuando esta lloviendo ya que ella no cuenta con un medio de transporte y los problemas del clima le afectan en las ventas diarias. Con el préstamo que doña Martha solicita lo necesita para invertirlo en la compra de productos como ser: harina, pollo, maíz tierno y seco, para poder cocinar sus golosinas. Con la ayuda de este préstamo ella podrá ofrecer mas golosinas a sus clientes y de esta forma tendrá mayores ventas y mejores ganancias que le ayuden al sustento de su familia. Su sueño es tener su propio local para ya no salir a vender de forma ambulante y que su negocio pueda estar ubicado en el centro de la ciudad para poder ahorrar cuando ella ya no pueda trabajar y así tener una vejez tranquila. Doña Martha es el segundo crédito que solicita en FAMA y ha pagado satisfactoriamente sus cuotas.

Additional Information

About FAMA:

Honduras is one of the poorest countries in the Western Hemisphere with approximately 59% of people living below the poverty line. Familia y Medio Ambiente OPDF (FAMA OPDF) is a Honduran non-profit with no religious or political affiliation. FAMA’s mission is to provide quality and opportune financial services so that men and women have equal opportunities to develop their micro or small businesses, whether they focus on agriculture, manufacturing or services. FAMA operates 13 branches throughout Honduras and serves over 12,500 clients.

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
  • 7
    View loans »
    Honduras Loans Fundraising
  • $8,456,375
    Funds lent in using Kiva
  • 19.8
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A portion of Martas Group's $575 loan helped a member to buy flour, chicken, and corn among other things.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Oct 27, 2012
Listed
Nov 24, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2013