G.s San Juan#1 Group
María needs the loan to buy soft-drinks in assorted flavors. She hopes with the loan to increase sales because she’ll have fresh capital and more products to offer her customers that visit her daily.
María like her fellow group members hopes her economic situation will improve and be reflected in this new investment. In a few years, María expects her business to be established as the biggest and best known in the zone so she can continue supporting her family so they can become upstanding citizens with better opportunities and contributing to society.
Simona has sold snacks in her business for 16 years and José has sold grains in his business for 6 years.
Choluteca, Honduras - May, 2013
Doña María el préstamo lo necesita para la compra de refrescos de todos los sabores con el crédito espera el aumento de sus ventas debido a que contara con más capital fresco y mas producto que ofrecer a sus clientes que la visitan a diario.
Doña María al igual que sus compañeros de grupo espera que mejore su situación económica y que se vea reflejado con esta inversión.
Doña María en unos años espera con que su negocio este posicionado como el más grande y conocido de la zona y poder seguir apoyando a su familia a que se convierta en personas de bien para la sociedad y con mejores oportunidades.
Doña Simona su negocio es la venta de golosinas desde hace 16 años
Don José su negocio es la venta de granos desde hace 6 años.
Choluteca, Honduras – Mayo del 2013
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.
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Success!! The loan was 100% repaid