Check out some available loans that are similar to this one!
G.s 18 De Noviembre Prados 2 Group
In this Group: Reyna Isabel, Ana, Manuela
Reyna is very responsible and hardworking. She lives with her husband and two children in southern Honduras. She has been selling wood for more than 15 years. She needs a loan to purchase wood. She hopes this investment will increase sales because, with new capital, she will be able to offer her customers, who shop daily, more products to meet their needs. She hopes that her business will be the largest and best known in the area in coming years.

Reyna and her communal bank members expect to improve their financial situation a bit with the investments they will make in their businesses. They will be able to help their children get ahead. Manuela has been selling tortillas for 18 years, and Ana has been selling them for nine years.

Choluteca, Honduras – February 2013
View original language description ↓
LaLa señora Reyna es una persona muy responsable y trabajadora vive con su esposo y sus 2 hijos en una comunidad al sur de Honduras. Su negocio es la venta de leña y tiene más de 15 años de dedicarse a esta actividad.
Doña Reyna el préstamo lo necesita para la compra de más leña, con esta inversión espera mejorar sus ventas debido a que contara con más capital fresco y más productos que ofrecer a los clientes que la visitan a diario y así cubrir sus necesidades,.
Doña Reyna en unos años espera que su negocio este posicionado como el más grande y reconocido de la zona.
Doña Reyna al igual que sus compañeras de grupo esperan que su situación económica mejore un poco gracias a la inversión que realicen en sus negocios y poder así apoyar a sus hijos para que puedan salir adelante.
Doña Manuela su negocio es venta de tortillas desde hace 18 años
Doña Ana su negocio es la venta de tortillas desde hace 9 años.





Choluteca, Honduras – Febrero 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
  • 18
    View loans »
    Honduras Loans Fundraising
  • $8,225,225
    Funds lent in using Kiva
  • 19.9
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A portion of G.s 18 De Noviembre Prados 2 Group's $1,025 loan helped a member to buy wood for her business.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 16, 2013
Listed
Mar 1, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2014