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G.s Los Amigos Group
In this Group: Mario Reynell, Valentina, Santos Agustin
Mr. Mario 40 years old, single and does not have any depended children. He lives in the San Lorenzo community, in southern Honduras. He has his own house, and for the past seven years, he has been working in groceries sales.

Mr. Mario sells everything related to family needs. His customers appreciate his service and good selection. He is the leader of the “Los Amigos” [The Friends] solidarity group. It is called The Friends because the group is made up of friends and neighbors who get along and are supportive of each other. They are an example of a group that has been working together and their mission is to advance.

Mr. Mario is requesting a loan to purchase inventory for his grocery store such as: pasta, soap, chicken, sausages, sauces, milk, cheese, rice, sugar, salt etc. He is very pleased with the support of PRISMA and profits they all earn from their businesses which are improving their quality of life.

Mr. Mario’s dream is to improve his business and also wants his fellow group memebers to thrive. Ms. Valentina has a grocery business for the past three years. Mr. Santos has been selling firewood for the last ten yeas.

San Lorenzo, Honduras-January 2013.
View original language description ↓
El señor Mario de 40 años de edad es soltero, no tiene hijos que dependen de él, vive en una comunidad de San Lorenzo, al sur de Honduras, tiene casa propia y se dedica desde hace 07 años a la venta de abarrotería.
Don Mario vende todo lo relacionado a la canasta familiar, sus clientes le prefieren por su atención y buen surtido. Es el líder del grupo solidario Los Amigos, le llamaron así debido a que está formado por amigos, se llevan bien como vecinos y son solidarios los unos de los otros, son un ejemplo de grupo llevan ya muchos prestamos trabajando juntos y su misión es progresar.
Don Mario está solicitando el préstamo para la compra de abarrotería como ser: pastas, jabón, pollo, embutidos, salsas, leche, queso, arroz, azúcar, sal etc. Está muy contento por al apoyo de PRISMA y con las ganancias que ellos obtienen de sus negocios están mejorando su calidad de vida.
Don Mario su sueño es mejorar su negocio y también desea que sus demás compañeros prosperen.
Doña Valentina su negocio es una pulpería y tiene 3 años de tenerlo.
Don Santos vende leña y tiene 10 años de dedicarse a esta actividad.

San Lorenzo, Honduras- Enero del 2013.

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
  • 53
    View loans »
    Honduras Loans Fundraising
  • $8,383,625
    Funds lent in using Kiva
  • 19.9
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A portion of G.s Los Amigos Group's $775 loan helped a member to buy pasta, soap, chicken, sausages, sauces, milk, cheese, rice, sugar, salt etc for his business.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 24, 2013
Listed
Mar 1, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 18, 2013