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Juan Manuel

Update on Juan Manuel

Juan is 45 years old. He is married and lives with his wife and two children in his house. For 3 years he has worked in the business of selling milk, curd, and firewood. He also works as a bricklayer.
Juan sells firewood to tortilla sellers, restaurant owners and brick-works. He carries out his business in his car, three times per week. He works as a bricklayer the rest of the week.
Juan is asking for this loan in order to improve one of his three businesses by buying firewood and a metal grid to use in his car so he can pile more firewood in it. With the support from this loan, he hopes to improve his income and his quality of life.
Juan's wish is for his business to by one of the largest and most recognized in the area.


San Lorenzo, Honduras - January, 2013.
View original language description ↓
El señor Juan de 45 años de edad es casado, vive con sus dos hijos y su esposa en su casa de habitación, se dedica desde hace 3 años al negocio de venta de leche y cuajada, venta de leña seca y también a la actividad de albañilería.
Don Juan distribuye sus productos a los dueños de restaurantes y vecinos de su comunidad, su actividad la realiza desde su vehículo, sale tres veces por semana y los otros días se dedica a la albañilería.
Don Juan está solicitando el préstamo para compra de leña seca y una parrilla de metal para el carro siendo esta una de sus tres actividades y de esta manera poder con el apoyo del préstamo mejorar un poco su calidad de vida y la de su familia.
Don Juan su deseo es que su negocio sea uno de los más grandes y reconocidos del lugar.


San Lorenzo, Honduras - Enero del 2013.

Previous Loan Details

Juan is 44 years old. He is the father of two children and lives in a home he owns with his wife in the community of San Lorenzo in southern Honduras. For 2 years he has worked in the business of selling milk and fruit. He also works as a bricklayer. Juan is asking for a loan of 8,000.00 lempi... More from Juan Manuel's previous loan »

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.

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.

About Honduras

  • $4,200
    Average annual income
  • 16
    View loans »
    Honduras Loans Fundraising
  • $8,227,050
    Funds lent in using Kiva
  • 19.9
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Juan Manuel to purchase firewood and a metal grid for his business.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 31, 2013
Listed
Mar 1, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 18, 2013