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G.s Caserio El Cedrito Group
In this Group: Sayda, Marelene, Victor Rufino
Sayda is very enterprising. She lives with her four children in a community in Honduras and, for twelve years, she has had a business selling hens.

Sayda needs this loan to buy hens. She hopes that, with the loan, her sales will increase as she will have more capital to invest in her business.

Like the other members of her group, Sayda hopes to cover necessary costs and to improve her financial situation, and hopes that this will happen with this loan. In years to come Sayda dreams of her business becoming one of the best known and biggest in the area.

Sayda wants to continue supporting her family and children so that they become good citizens.

Victor's business is a grocery store, which he has had for six years.

Marlene also has a small grocery store; she has had it for ten years now.

Choluteca, Honduras. April 2013
View original language description ↓
La señora Sayda es una persona muy emprendedora vive con sus 4 hijos en una comunidad al sur de Honduras. Su negocio es la venta de gallinas desde hace más de 12 años.
Doña Sayda el préstamo lo necesita para la compra de gallinas. Con el crédito espera que sus ventas aumenten gracias a que contara con más capital fresco para invertir en su negocio.
Doña Sayda al igual que sus compañeros de grupo esperan cubrir sus necesidades y así mismo espera que mejore su situación económica y que se vea reflejado con esta inversión. En unos años sueña con que su negocio este posicionado como uno de los más grandes y reconocido de la zona.
Doña Sayda desea seguir apoyando a su familia e hijos para que se convierta en personas de bien para la sociedad.
Don Víctor su negocio es la pulpería desde hace 6 años
Don Marlene su negocio es la mini pulpería desde hace 10 años.



Choluteca, 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.

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.

About Honduras

  • $4,800
    Average annual income
  • 97
    View loans »
    Honduras Loans Fundraising
  • $8,685,375
    Funds lent in using Kiva
  • 19.1
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A portion of G.s Caserio El Cedrito Group's $1,275 loan helped a member to buy hens for her business.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 18, 2013
Listed
Jun 2, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2014