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Arturo

Update on Arturo

Arturo, 52, lives with his wife in their home located in the community of San Lorenzo in southern Honduras. He sells firewood, bottled cow's milk, and dairy products such as milk, curds and cheese, and he also sells cattle.

Arturo's sales are from Monday to Sunday, when he goes out to sell to various communities in the area where he lives. Arturo's customers are all the people who come to see him every day.

He is requesting a loan so that he can buy two calves that they are selling him. They are being offered at a good price, and he wants to take advantage of the bargain.

Arturo's dream is to have a ranch with many animals.
View original language description ↓
El señor Arturo, de 52 años, vive con su esposa , en su casa de habitación ubicada en una comunidad de San Lorenzo, en la zona sur de Honduras, se dedica a la venta leña, botellas de leche de vaca y sus derivados como leche, cuajada, queso y también vende ganado.
Don Arturo sus ventas son de lunes a domingo, donde sale a vender a diferentes comunidades de donde vive.
Don Arturo sus clientes son todas las personas que a diario le visitan, está solicitando el préstamo para la compra de dos terneros que le están vendiendo se los están dando bien cómodos y quiere aprovechas la oferta.
Don Arturo su sueño tener una hacienda llena de muchos animales.

Previous Loan Details

Arturo is married and 51 years old. He has 2 children and lives with his wife in their own home in the Valle department in southern Honduras. Arturo's business is selling milk and dairy products such as butter, cheese, curds, and cottage cheese. He also sells firewood, but his main business is ... More from Arturo's previous loan »

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.

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.

About Honduras

  • $4,800
    Average annual income
  • 89
    View loans »
    Honduras Loans Fundraising
  • $8,676,100
    Funds lent in using Kiva
  • 19.8
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Arturo to buy calves for his business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 16, 2013
Listed
Apr 1, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014