Update on Maria ErlindaMaría Erlinda is 70 years old, and she is a single mother of adult children who are not dependents. She has her own home, and she lives in the community of San Lorenzo in southern Honduras.
María has owned a grocery store for 41 years, and she is a client that has struggled throughout the years. Almost all of her life she has been doing business selling milk, and renting houses and apartments. María is requesting a loan for purchases for the grocery store such as: meat, chicken, sausages, basic staple foods, milk, butter, margarine, detergents, soap, juices, sodas, etc.
With the support of this loan, she aims to improve her income, and she is very happy to keep working with Prisma. María wishes her to grow her business and improve her home.
San Lorenzo, Honduras - February 2013
Doña María Erlinda se dedica desde hace 41 años a la venta de abarrotería, s un una cliente que ha luchado durante varios años casi toda su vida se ha dedicado al comercio y a la venta de leche, renta de casas y apartamentos.
Doña María Erlinda está solicitando el préstamo para la compra de abarrotería como ser: carnes, pollo, embutidos, granos básicos, leche, mantequilla, margarina, detergentes, jabón, jugos, refrescos, etc. con el apoyo de este préstamo pretende mejorar sus ingresos, está muy contenta de seguir trabajando con Prisma y desea que su negocio crezca y también desea mejorar más su casa.
San Lorenzo, Honduras - Febrero del 2013
Previous Loan DetailsMs. Erlinda is single and lives with a granddaughter. She has always enjoyed business and has had her grocery store for 40 years, where she sells a variety of products such as rice, beans, sugar, eggs, coffee, bread, milk, toilet paper, soap, beverages and other items. She waits on customers ever... More from Maria Erlinda'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