Update on Belinda MercedesMrs. Belinda is a good person; she has an entrepreneurial spirit, is responsible and hardworking. She lives together with her children in a community located in the south of Honduras.
Mrs. Belinda makes tortillas and is requesting a loan to buy corn, firewood and lime, hoping to increase her sales by having more products to offer her clients.
Belinda hopes to cover all her needs, and at the same time that her and her family’s situation improves with this investment. She expects her business to become the most popular one in her small village in a year, in order to continue supporting her children so that they can grow to be persons of good character.
Choluteca, Honduras – February 2013
Doña Belinda el préstamo lo necesita para la compra de maíz, leña y cal con el préstamo espera el aumento de las ventas debido a que contara con más producto que ofrecer a los clientes.
Doña Belinda espera cubrir sus necesidades, así mismo desea que su situación y la de su familia mejoren con esta inversión.
Doña Belinda espera que en 1 año su negocio este posicionado como el negocio más grande y reconocido de su caserío y así poder seguir apoyando a sus hijos a que se conviertan en personas de bien.
Choluteca, Honduras – Febrero del 2013
Previous Loan DetailsBelinda is a very enterprising person who is dedicated to her business, which is a grocery store. She lives with her 2 children in Choluteca in the south of Honduras and she has been working in this type of business for more than 18 years. She will use the loan to buy corn, beans, coffee, sugar, ... More from Belinda Mercedes'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