Update on Jose IsabelSr. José, 44 years old, has two children who are dependent on him. He lives with his wife in his own house in the town of San Lorenzo, in the southern part of Honduras. For the past five years he has been selling new clothing. He visits villages by bus and on foot. On weekends he doubles his efforts because he gets up very early to butcher pigs.
With the help of his wife Don José sells his product to customers in small stores and homes. He is requesting a loan to purchase skirts, pants, dresses, blouses, shirts, swim suits, etc. With the help of this loan, Don José hopes to improve his earnings and also his business because if he has more merchandise, he will have better choices to offer his customers.
Don José is very happy to continue working with Prisma. His dream is to own a car to travel in to larger villages in order to sell his products.
San Lorenzo, Honduras - March, 2013
Don José se dedica desde hace 05 años al negocio de venta de ropa nueva, visita las aldeas en bus y a pie, los fines de semana dobla su esfuerzo ya que muy temprano se levanta a destazar cerdos.
Don José con la ayuda de su esposa vende el producto a sus clientes en pulpería y casas donde le compran este producto, está solicitando el préstamo para la compra faldas, pantalones, vestidos, blusas, camisas, calzonetas, etc.
Don José con el apoyo de este crédito pretende mejorar sus ingresos y también su negocio porque si tiene más mercadería tendrá mejor opciones que ofrecer a sus clientes.
Don José está muy contento de seguir trabajando con Prisma, su sueño es tener un carro para trasladarse a los caseríos más largos a vender sus productos.
San Lorenzo, Honduras - Marzo del 2013
Previous Loan DetailsDon Jose is 41 years old, married, and the father of three children. He sells new clothing for men. Jose works hard in order for his family to get ahead. His wife sells beef. They work together to provide a better quality of life for their three children.
Jose will use this loan to buy ... More from Jose Isabel'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