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G.s El Trapiche #1 Group
In this Group: Francisco, Cristina, Jelson Aroldo, Blanca, Allan Josue
Francisco is 57 years old. He lives in the south of Honduras with his children and his wife who supports their commercial activity. His business is the production and sale of grains. He has been doing this work for 30 years in the community where he lives. Francisco’s business is located at a strategic point, where many people pass by, and because it is in the center of the community it is in high demand. Francisco’s plans for the future is to continue growing his business and to give a better education to his children in order for them to have better life opportunities.

Francisco and the other members of the group need a loan in order to buy a solar panel because his community does not have electrical service and this would help them improve their living conditions a little more and that of their families. They are happy because by obtaining the solar panel they can do many more activities while they are contributing towards caring for the environment.

Cristina is in production and sale of grains.
Jelson is in production and sale of grains.
Blanca is in production and sale of grains.
Allan is in is in production and sale of grains.

Choluteca - Honduras - February, 2013
View original language description ↓
El señor Francisco tiene 57 años, vive en la zona sur de Honduras, junto con el viven sus hijos y su esposa quien la apoya en su actividad comercial. Su negocio es producción y venta de granos, trabajo que realiza desde hace 30 años en la comunidad donde vive.
Don Francisco su negocio se encuentra en un punto estratégico, donde la fluidez de personas es en grandes cantidades, porque está en el centro de su comunidad y esto hace que tenga mucha demanda.
Don Francisco sus planes a futuro es seguir creciendo en su negocio y darle una mejor educación a sus hijos para que tengan mejores oportunidades en la vida.
Don Francisco al igual que sus compañeros grupo el crédito lo necesitan para la compra de una planta solar debido a que en su comunidad no cuenta con el servicio de energía eléctrica y esto les ayudaría a mejorar un poco su condición de vida y las de sus familias, están contentos porque con la obtención de la planta solar podrán realizar muchas más actividades y a la ves están contribuyendo a cuidar más el medio ambiente.
Doña Cristina producción y venta de granos
Don Jelson producción y venta de granos
Doña Blanca producción y venta de granos
Don Allan producción y venta de granos



Choluteca- Honduras- Febrero del 2013.

Additional Information

More information about this loan

This Kiva loan will be used to provide borrowers with needed goods or services, as opposed to cash or financial credit.

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
  • 56
    View loans »
    Honduras Loans Fundraising
  • $8,390,575
    Funds lent in using Kiva
  • 19.8
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A portion of G.s El Trapiche #1 Group's $3,300 loan helped a member to buy a solar panel for his home.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 19, 2013
Listed
Mar 18, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2015