Check out other loans that are currently fundraising!
La Cumbre Group
In this Group: Antonio , Reina Isabel, Edith Xiomara, Mirna
Antonio is 61 years old and lives in southern Honduras, along with his wife and children, whom encourage him in his business.

Antonio offers milling services and has done this for 20 years in his city. His business is in a strategic location because it’s in the center of his neighborhood and is well visited by his customers, to whom he has provided good service for many years.

Antonio needs this loan to buy a mill because the one he has is worn out. This loan will help him satisfy his customer demand and provide better service to each one of them.

Antonio’s plans for the future are to continue growing his business and become one of the best in his region. In this way he can increase his earnings and provide a better quality of life for himself and for his family.

Reina sells clothing
Edith has a tortilla business.
Mirna has a tortilla business.
View original language description ↓
El señor Antonio tiene 61 años de edad, vive en la zona sur de Honduras, junto con el viven sus hijas y su esposa quienes le apoyan en sus actividades comerciales.
Don Antonio su negocio es servicio de molino actividad que realiza desde hace 20 años en la ciudad donde vive, su negocio se encuentra en un punto estratégico, ya que esta en el centro de su colonia donde vive y esto hace que sea muy visitado por su clientes a los cuales les brinda su servicio desde hace muchos años.
Don Antonio el crédito lo necesita para la compra de un molino por que el que tiene ya esta deteriorado, el impacto esperado con el crédito es poder satisfacer la demanda de cada uno de sus clientes y brindarle una mejor servicio a cada uno de ellos.
Don Antonio sus planes a futuro es seguir creciendo en su actividad comercial y ser uno de los mejores en su región y de esta manera generarse mejores ingresos para tener una mejor calidad de vida tanto para él como para su familia.
Reina vende ropa clasificada.
Edith tiene un negocio de venta de tortillas.
Mirna tiene un negocio de venta de tortillas.

Choluteca, Honduras - Noviembre del 2012

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.

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
  • 41
    View loans »
    Honduras Loans Fundraising
  • $7,989,775
    Funds lent in using Kiva
  • 19.9
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A portion of La Cumbre Group's $1,625 loan helped a member to buy a mill.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 30, 2012
Listed
Jan 1, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013