Update on Seydi XiomaraSeydi, 27, is a young, single woman living in her mother’s house with her younger siblings. She lives in the community of Nacaome in south Honduras. She’s been selling snacks and fast-food for 13 years; her food stand is located at home. Her customers are neighbors who come by daily and prefer her because of her kindness, good service, variety of snacks and good environment. Seydi is noted for being an enterprising woman who very much wants to get ahead.
She’s asking for a 15,000 Lempira loan to buy bananas, vegetables, chicken and plantain. With support from this loan she intends to meet her business’ financing need while improving her income in the same way. Her dream is to improve the business still more and to own a house.
San Lorenzo, Honduras - October, 2012.
Ella está solicitando 15,000.00 lempiras para compra de frescos, verduras, pollo y mínimo verde. Con el apoyo de este préstamo ella pretende suplir la necesidad de financiamiento para su negocio y de igual forma mejorar sus ingresos. Su sueño es mejorar más su negocio y tener su propia casa
San Lorenzo, Honduras - Octubre del 2012.
Previous Loan DetailsThis young woman, Seydi, is single and 27 years old. She does not have children or dependents and she lives in the San José neighborhood. She works together with her mother and sisters, selling tacos, enchiladas, sliced green plantains, and candies. Seydi's business is selling candies and lunches.… More from Seydi Xiomara's previous loan »
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.
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