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Nueva Luz Group
In this Group: Martha Lidia, Xiomara Evangelista, Antonia De Los Angeles, Santos Isabel, Dunia Aracely, Consuelo Del Carmen, Martha Esperanza, Martha Rosa, Rafaela Melixa, Angela Maria, Cindy Margarita , Wendy Valeska, Tania Gisela, Ana Maday, Seidy Yolani
Martha is 55 years old. She is a member of Banco Comunal Nueva Luz, is married and has five children. It is a very hardworking and close-knit family. Her husband is a farmer and also works at cattle raising. Martha began her business five years ago. She has set up a store in her home, as well as an oven, and sells bread. Her work schedule begins at 6:00 am and ends at 9:00 pm. To her advantage, the store is in a very good location.

Martha needs the loan she is requesting to stock her business and invest in the purchase of products like rice, lard, beans, soap, detergent, dairy products, soft drinks, churros, sweets, flour, sausages, etc. She hopes that with the help of this loan, her income will grow and therefore enable her to assist her husband with home expenses. Her dream is to improve her store and have one of the most stocked stores in the area. Martha has requested loans from FAMA for four years and has fulfilled her payment commitments in a timely manner.
View original language description ↓
Doña Martha tiene 55 años de edad, es miembro del Banco Comunal Nueva Luz, es casada y tiene cinco hijos. Es una familia muy trabajadora y unida, su esposo es agricultor y también se dedica a la ganadería. Doña Martha inicio su negocio desde hace cinco años tiene instalada una pulpería en su hogar y también horna y vende pan, su horario de atención inicia desde las 6:00 am y culmina a las 9:00 pm. Su ventaja es que la pulpería tiene muy buena ubicación. El préstamo que doña Martha esta solicitando lo necesita para surtir su negocio y lo invertirá en la compra de productos como ser: arroz, manteca, frijoles, jabón, detergente, productos lácteos, refrescos, churros, dulces, harina, embutidos, etc. Ella espera que con el apoyo de este préstamo sus ingresos aumenten y así poder apoyar a su esposo con los gastos de su hogar. Su sueño es mejorar su pulpería y que sea una de las más surtidas de la zona. Doña Martha tiene 4 años de solicitar préstamos en FAMA y ha cancelado sus compromisos de pago de forma puntual.

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
  • 55
    View loans »
    Honduras Loans Fundraising
  • $8,373,100
    Funds lent in using Kiva
  • 19.8
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A portion of Nueva Luz Group's $2,675 loan helped a member to buy general grocery items.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 13, 2012
Listed
Dec 12, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 21, 2013