Update on Gloria EstelaGloria, 39, lives with her husband and two children in her house located in a town in San Lorenzo, in the southern part of Honduras. She has sold all types of food products for nine years. Gloria's business is located in her house.
She's requesting the loan to buy more food products such as shortening, eggs, oil, toilet paper, chicken, meat, cold cuts, tomato paste, spaghetti, soft drinks, etc.
With the support of this loan Gloria plans to increase her inventory and have all the products her customers request, so she can fulfill her commitments.
Gloria's dream is for her children to get an education.
San Lorenzo, Honduras, March 2013
Doña Gloria su negocio está ubicado en su casa, está solicitando el préstamo para la compra de mas productos alimenticios como manteca, huevos, aceite, papel higiénico, pollo, carne, embutidos, pastas de tomate, espaguetis, refrescos, etc.
Doña Gloria con el apoyo de este préstamo pretende incrementar mas su inventario y poder tener todo los productos que sus clientes le demandan y así salir adelante con todos sus compromisos
Doña Gloria su sueño es educar a sus hijos.
San Lorenzo, Honduras - Marzo del 2013.
Previous Loan DetailsGloria, 38 years old, lives with her partner and her 2 children in her house in the community of Guayabo Nacaome in the southern part of Honduras. For 9 years, she has sold food products such as chicken, meat, sausages, milk products, and groceries such as soap, sardines, toilet paper, etc., at her… More from Gloria Estela'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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