G.s Las Pitas#1 Group
Francisco needs the loan to buy millet. With the loan he hopes to increase his sales because he'll have more capital to invest in his business and more merchandise for his customers.
Francisco and his fellow group members hope to be able to cover their necessities somewhat. He also wants to improve his economic situation and see that reflected in this investment.
Francisco hopes that in a few years his business will keep growing and be positioned as the biggest and best known in the area so he can continue helping his children become good people for society.
Alexis has bought and sold grain for three years. Sendis has bought and sold grain for three years.
Choluteca, Honduras, February 2013
Don Francisco el préstamo lo necesita para la compra de maisillo. Con el crédito espera el aumento de sus ventas debido a que contara con más capital para invertir en su negocio y así tener más mercadería para ofrecer a sus clientes que lo visitan.
Don Francisco al igual que sus compañeros de grupo espera poder cubrir un poco sus necesidades, así mismo desea que mejore su situación económica. Y que se vea reflejado con esta inversión.
Don Francisco en unos años espera con que su negocio siga creciendo y este posicionado como la más grande y reconocido de la zona y poder seguir apoyando a sus hijos a que se conviertan en personas de bien para la sociedad.
Don Alexis su negocio es compra y venta de granos desde hace 3 años.
Don Sendis su negocio es compra y venta de granos desde hace 3 años.
Choluteca, Honduras – Febrero del 2013
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.
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Success!! The loan was 100% repaid