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Iveth Magadalena
Iveth is a 28 year old young woman. She lives in her house in the San Lorenzo community in the southern part of Honduras. She has been selling soft drinks and snacks for five years. Iveth’s business is located in her house. Her customers are her neighbors and friends who visit her daily.

Iveth is requesting the loan to buy cases of soft drinks, onions, chilies, green bananas, potatoes, cheeses, salsas, and tomatoes, etc. She will buy everything that she needs in order to prepare for her sales. She will buy wholesale and store it because they sell the products for better prices this way.

Iveth hopes to be able to get more profits in her business. Her dream is to buy a chicken fryer.

San Lorenzo, Honduras – April 2013
View original language description ↓
La Joven Iveth, de 28 años, vive en su casa de habitación en una comunidad de San Lorenzo, en la zona sur de Honduras, se dedica desde hace 05 años a la venta de refrescos y golosinas.
Iveth tiene su negocio ubicado en su casa, sus clientes son los vecinos y amigos que a diario le visitan
Iveth está solicitando el crédito para la compra de cajas de refrescos, cebollas, chiles, plátanos verdes, papas, quesos, salsas, tomates, etc. y todo lo que necesita para preparar su venta y también para comprar al por mayor y almacenarlo porque le venden los productos más cómodos de esta manera.
Iveth espera poder obtener más ganancias en su negocio y su sueño es comprarse una freidora de pollo.

San Lorenzo, Honduras - Abril del 2013.

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.

About Honduras

  • $4,800
    Average annual income
  • 83
    View loans »
    Honduras Loans Fundraising
  • $8,845,600
    Funds lent in using Kiva
  • 19.3
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A loan of $675 helped Iveth Magadalena to buy cases of soft drinks, onions, chilies, green bananas, potatoes, cheeses, salsas, and tomatoes, etc. for her business.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 8, 2013
Listed
May 3, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013