Update on Nubia MariaNubia is 52 years old and lives in southern Honduras along with her children and her husband, who supports her in her business. For the last 10 years, she has been selling a variety of products, such as "rosquillas" [donuts], in her community. Her business is strategically located in the city center where there is a lot of foot traffic. This is why she has so many customers. Nubia needs this loan to buy rosquillas, sweets, "espumillas" [meringues], garlic and chamomile tea, among other items, for her business. She hopes to increase her sales because of the loan. By having a wider variety of products, she will be able to satisfy each of her customers' needs. Nubia's future plans include growing her business and making it one of the the best in her community. She also wants to have a better quality of life. Choluteca, Honduras - April, 2013.
Doña Nubia su negocio se encuentra en un punto estratégico, donde la fluidez de personas es en grandes cantidades, está en el centro de la ciudad y esto hace que sea muy visitada. el crédito lo necesita para la compra de rosquillas, dulces variado, espumillas, ajos, manzanillas, etc.
Doña Nubia el impacto esperado con el crédito, es que sus ventas crezcan, al tener más productos que ofrecer a sus clientes y así satisfacer las necesidades de cada uno de ellos.
Doña Nubia los planes a futuro es seguir creciendo en su negocio y ser uno de los mejores en su comunidad al mismo tiempo tener una mejor calidad de vida.
Choluteca, Honduras - Abril del 2013.
Previous Loan DetailsNubia is 51 years old and lives in the southern region of Honduras. She lives with her daughter and her husband, who is also a salesman and supports her in her business. She has had her business in the community where she lives for the past 20 years. Her business is located in an easily accessible… More from Nubia Maria'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