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Miguel Angel
Miguel is 36 years old, married and lives with his wife. At home, he makes a living making dairy products and pastries.

Miguel sells his products in the neighbouring villages. He has had his little business for ten years, with customers including people from his own village, though most live in other, adjoining places.

Every afternoon, Miguel goes out in his vehicle to sell his products in the different villages and country houses. He is applying for this loan in order to buy milk, sugar, animal fat and more in order to make dairy products such as milk, curd cheese and butter. With his profits and the support of this loan, Miguel wants to get ahead and continue to increase his income. Miguel's dream is to expand his business further and provide jobs for others

San Lorenzo, Honduras, June 2013
View original language description ↓
El señor Miguel de 36 años de edad es casado y vive con su esposa en su casa de habitación donde se dedica a la elaboración de lácteos y rosquillas.
Don Miguel este producto lo vende en las diferentes aldeas vecinas en su casa de habitación, se dedica a su micro empresa desde hace 10 años, sus cliente son los vecinos de su aldea, pero la mayor parte de cliente son de diferentes lugares aledaños.
Don Miguel cada día por las tardes sale en su vehículo a ofrecer su producto por las diferentes aldeas y caseríos está solicitando el préstamo para la compra de leche, azúcar, manteca, etc. para la elaboración de s lácteos como mantequilla, cuajada y quesillo y con las ganancias y el apoyo de este préstamo desea salir adelante y seguir mejorando sus ingresos.
Don Miguel su sueño es crecer más en su micro empresa y generar fuente de trabajo.


San Lorenzo, Honduras - Junio2013

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
  • 86
    View loans »
    Honduras Loans Fundraising
  • $8,673,875
    Funds lent in using Kiva
  • 20.3
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Miguel Angel to buy milk, sugar, animal fat and more for his business.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 14, 2013
Listed
Jul 8, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014