Update on Cinthia MabelCinthia is a 22 year old young woman. She lives with her son in her house, which is in the San Lorenzo community in the southern area of Honduras. For four years she has been selling clothes for adults and children, underwear, athletic shorts, bras, bloomers, and shirts, etc. Her business is located at her house. She also goes out to sell in neighboring communities. Her customers are her neighbors and friends, and they visit her every day.
Cinthia is requesting the loan to buy shirts, pants, dresses, skirts, blouses, bras, bloomers, socks, and shorts. She will do this in order to have more products to offer all of her customers.
Cinthia wants to buy wholesale for the school season because that is when she sells a lot. This way she will be able to get more income from her business.
Cinthia’s dream is to set up a very strong business and to have more customers in order to increase her income.
San Lorenzo, Honduras - January, 2013
Cinthia está solicitando el préstamo para compra de camisas, pantalones, vestidos, faldas, blusas, braseares, blúmeres calcetines y calcetas para tener más productos para ofrecer a todos sus clientes.
Cinthia quiere compra al por mayor para la temporada estudiantil porque es la época en la cual se vende bastante y así poder obtener mas ganancias en su negocio.
Cinthia su sueño es poner un negocio bien fuerte y tener más clientela para que aumenten sus ingresos.
San Lorenzo, Honduras - Enero del 2013.
Previous Loan DetailsCinthia is married with two children and lives in the village of Jícaro Galán de Nacaome, department of Valle. She works selling new clothing, footwear, bags, wallets, and other items. She has been doing this work for approximately three years, and her main customers are people from the… More from Cinthia Mabel'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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Success!! The loan was 100% repaid