Check out some available loans that are similar to this one!
G.s La Providencia Group
In this Group: Maria Del Carmen, Meysy Claribel, Carlos Alfredo
Maria is 43 years old and lives in the southern part of Honduras. She lives with her children and her spouse, who supports her in her business. She has a general grocery store, a job which she has been doing for 6 years in the city where she lives.

Maria's business is in a strategic location, where many people pass by. It is on the main street so it is frequented by many people.

Maria needs this loan to buy corn, beans, meat, bread, milk products, chicken, soft drinks, sugar, rice, coffee, etc. With this loan she hopes that her sales will grow, given that she will have a much greater variety of products. In this way, she will meet the needs of all of her customers, who have been coming to her store since the early days.

Maria and the other members of her group plan to grow their businesses in the future and to be among the best in the city. At the same time, they want to generate better income to improve their quality of life a bit. Meysy works selling used clothing. Carlos works selling used clothing
View original language description ↓
La señora María tiene 43 años, vive en la zona sur de Honduras, junto con ella viven sus hijos y su esposo quien la apoya en su actividad comercial. su negocio es venta de abarrotería en general, trabajo que realiza desde hace 6 años en su ciudad donde vive.
Doña María su negocio se encuentra en un punto estratégico, donde la fluidez de personas es en grandes cantidades, se encuentra en la calle principal y esto hace que sea muy visitada.
Doña María el crédito lo necesita para la compra de maíz, frijoles, carnes, pan, lácteos, pollo, refrescos, azúcar, arroz, café, etc. el impacto esperado con el crédito, es que sus ventas crezcan al contar con mucha más variedad de productos y así satisfacer las necesidades de cada uno de sus clientes, los cuales le visitan desde muy temprano.
Doña María al igual que sus compañeros de grupo sus planes a futuro es seguir creciendo en sus negocios y ser uno de los mejores en su ciudad al mismo tiempo generarse mejores ingresos para mejorar un poco sus calidades de vida.
Doña Meysy se dedica a la venta de ropa usada.
Don Carlos se dedica a la venta de ropa usada.

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
  • 23
    View loans »
    Honduras Loans Fundraising
  • $8,483,575
    Funds lent in using Kiva
  • 19.8
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A portion of G.s La Providencia Group's $925 loan helped a member to buy corn, beans, meat, bread, milk products, chicken, soft drinks, sugar, rice, coffee, etc. for her business.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 16, 2013
Listed
Apr 1, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 18, 2013