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Rosa Elvira

Update on Rosa Elvira

Rosa is a responsible, hard-working, and honest person. She lives with her husband and her three children in the south of the Honduras. Her business is selling cosmetics and maize.

Rosa needs the loan in order to buy maize. With the loan she hopes that sales in her business will increase by having more products on offer and by attending to her customers better.

Rosa hopes to meet all the needs she has and improve her quality of life a little, as well as that of her family. In a few years she hopes that her business will continue to grow and become one of the biggest and most recognized businesses in the area.

Rosa hopes to continue working to give her children an education so that they will become respectable people with better opportunities in life.
View original language description ↓
La Señora Rosa es una persona responsable, trabajadora y honesta, vive con su esposo y sus 3 hijos en el sur de Honduras. Su negocio es venta de cosméticos y maíz.
Doña Rosa el préstamo lo necesita para la compra de maíz. Con el préstamo espera que las ventas en su negocio aumenten al tener más producto que ofrecer y atender mejor a sus clientes.
Doña Rosa espera cubrir las necesidades que tiene y mejorar un poco su calidad de vida y la de su familia. En unos años espera que su negocio siga creciendo y se convierta en uno de los negocios más grande y reconocido de la zona.
Doña Rosa espera seguir trabajando para darles a sus hijos los estudios y que estos se conviertan en personas de bien y con mejores oportunidades en la vida.




Choluteca, Honduras – Febrero del 2013

Previous Loan Details

Rosa is an entrepreneur, dedicated to her own business of selling cosmetics in her home for over eight years. She currently lives with her five children and her husband. Rosa will invest her loan in buying lotions, creams, deodorants, and earrings for her business. Rosa hopes to grow the… More from Rosa Elvira'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

  • $4,200
    Average annual income
  • 50
    View loans »
    Honduras Loans Fundraising
  • $7,998,150
    Funds lent in using Kiva
  • 19.7
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A loan of $225 helped Rosa Elvira to buy maize for her business.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 28, 2013
Listed
Apr 1, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2013