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G.s La Corteza#3 Group
In this Group: Isidro, Cesario, Erika Yadira
Isidro is a very enterprising person. He lives with his wife and children in a community in the south of Honduras. His business for three years has been selling candy.

Isidro needs the loan to buy soft drinks, chicken, beef, bread, potatoes, chayote, bananas, onions, chili peppers, and condiments. With the loan he hopes to increase his sales because he'll have more capital.

Isidro hopes that in a few years his candy business will be positioned as the biggest and best known in the area so he can continue helping his children to become good people for society.

Isidro and his fellow group members hope to be able to satisfy their customers' demand and cover their needs. They also hope to improve their economic situation somewhat and that of their families, and to see this reflected in this investment.

Cesario has bought and sold chickens and grains for nine years.

Erika has had a mini-market for five years.

Choluteca, Honduras, February 2013
View original language description ↓
El señor Isidro es una persona muy emprendedora vive con su esposa y sus hijos en una comunidad al sur de Honduras. Su negocio es venta de golosinas desde hace más de 3 años.
Don Isidro el préstamo lo necesita para la compra de refrescos, carnes de pollo, res, pan, papas, patastes, plátanos, cebollas, chiles y condimentos. Con el crédito espera el aumento de sus ventas debido a que contara con más capital.
Don Isidro en unos años sueña con que su venta de golosinas este posicionado como la más grande y reconocida de la zona y poder seguir apoyando a sus hijos a que se convierta en personas de bien para la sociedad
Don Isidro al igual que sus compañeros de grupo esperan poder satisfacer la demanda de los clientes que los visitan y cubrir sus necesidades, así mismo desean que mejore un poco su situación económica y de su familia y que se vea reflejado con esta inversión.
Don Cesario su negocio es compra y venta de gallinas y granos desde hace 9 años.
Doña Erika su negocio es una mini-pulpería desde hace 5 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
  • 25
    View loans »
    Honduras Loans Fundraising
  • $8,352,300
    Funds lent in using Kiva
  • 19.7
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A portion of G.s La Corteza#3 Group's $625 loan helped a member to purchase soft drinks, chicken, beef, bread, potatoes, chayote, bananas, onions, chili peppers, and condiments for his business.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 23, 2013
Listed
Apr 2, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2013