Donaldo, 69, is a member of the “Los Humildes” (The Humble Ones) communal bank. He’s married and has two children. His wife is a housewife. He’s an honest, responsible person. He started his business 30 years ago. He sells ice-cream or frozen treats from 8am until 3pm. His advantage is that the product he sells is of very high quality and he sells it door to door. The loan Donaldo is requesting is to buy caramel, sweetener and flavoring agents among other products exclusively used to make ice-cream. With support from the loan, he will be able to offer more products to his customers. The only problem Donaldo faces is that sales drop in winter because customers don’t buy much during that season due to the cold weather. His goal is to have a well-established business and to have his own locale so as not to have to go out selling door to door anymore. This is Donaldo’s 4th FAMA loan request and to date he’s made his payments punctually.
El señor Donaldo tiene 69 años de edad, es miembro del Grupo Solidario Los Humildes, es casado y tiene 2 hijos, su esposa se dedica a los quehaceres del hogar, es una persona honrada y responsable. El inicio su negocio desde hace 30 años, se dedica a la venta de nieves o helados, su horario de trabajo es de 8:00 am a 3:00 pm, la ventaja es que el producto lo ofrece a domicilio y es de muy buena calidad. El préstamo que el señor Donaldo solicita lo necesita para invertirlo en la compra de caramelo, dulce, saborizante, entre otros productos de uso exclusivo para elaborar las nieves de helado. Con el apoyo de este préstamo podrá ofrecer más productos a sus clientes. El único problema que enfrenta el señor Donaldo es en el tiempo de invierno que sus ventas bajan, ya que para esa temporada los clientes no le compran en gran cantidad por el frio. Su meta es poder tener su negocio bien establecido y tener su propio local para ya no salir a vender de forma ambulante. Es el cuarto financiamiento que don Donaldo solicita en FAMA y hasta el momento ha cancelado sus cuotas de forma puntual.
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.