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Update on Petronila

Petronila is a very responsible and honest person who lives in a southern Honduras community, along with her husband and grandson. She sells groceries and has for 15 years. Petronila is very well known and visited by the residents of the community. She needs this loan so she can buy more products such as corn, beans, rice, cooking oil, lard, bread, coffee, soft drinks, cheese, eggs, bathroom tissue, cookies, churros, etc. to stock her store.

Petronila expects her sales to increase once she has the necessary supplies to meet her customer demand. With this she can increase her income and improve her quality of life a bit.

Petronila expects this business to grow and become a mini market that will allow her to continue supporting her family and allow her grandson to continue his studies so that he will become a person of means with better opportunities in life.

Choluteca, Honduras – March 2013
View original language description ↓
Doña Petronila es una persona muy responsable y honesta vive en una comunidad al sur de Honduras junto a su esposo y su nieto. Su negocio es la venta de abarrotería en general desde hace 15 años.
Doña Petronila es muy conocida y visitada por los vecinos de su comunidad. El préstamo lo necesita para la compra de más producto como ser: maíz, frijoles, arroz, aceite, manteca, pan, café, refrescos, queso, huevos, papeles higiénicos, galletas, churros, etc. para así surtir más su negocio.
Doña Petronila espera que las ventas en su negocio aumenten, al contar con los insumos necesarios para cubrir la demanda que tiene de sus clientes y con esto ganar más ingresos para mejorar un poco su estilo de vida y el de su familia
Doña Petronila espera que su negocio crezca y se convierta en un mini mercadito y con esto seguir apoyando familia y que su nieto continúe sus estudios para que sea una persona de bien y con mayores oportunidades en la vida.

Choluteca, Honduras – Marzo 2013

Previous Loan Details

Petronila is 63 years old and she lives in the village of Monjaras with her husband and their child. Petronila is a very responsible and honest woman deeply committed to the activity she runs. She has set a corner shop in her house where she sell basic necessities. She has been engaged in this ac... More from Petronila'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
  • 84
    View loans »
    Honduras Loans Fundraising
  • $9,175,850
    Funds lent in using Kiva
  • 19.4
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Petronila to stock her store.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Mar 20, 2013
May 2, 2013
Currency Exchange Loss:
Apr 16, 2014