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G.s El Tular Group
In this Group: Rafael, Luwin, Mary
Rafael, 57 years old, lives with his wife and his two adult children in his home. He has worked for 25 years in the business of selling corn, firewood and fertilizers by the pound and by the quintal. Rafael makes a living in agriculture and is a serious, hardworking man who is eager to get ahead. The solidarity group El Tular has decided that he will be the leader since he is the person that has charisma with others.

Rafael is requesting the loan for the purchase of fertilizers and supplies for agriculture and just like his colleagues in the group he is happy to work with Prisma. Mary has a convenience store which she wants to stock a little bit. Luwin has a business selling firewood.

Rafael’s dream is to have a good harvest this year and have a better house.

San Lorenzo, Honduras – July 2013.
View original language description ↓
El señor Rafael de 57 años de edad, vive con su esposa y sus dos hijos mayores en su casa de habitación, se dedica desde hace 25 años al negocio de venta de maíz, leña, fertilizantes por libra y por quintal.
Don Rafael se dedica a la agricultura es un hombre serio, trabajador y con muchas ganas de salir adelante, el grupo solidario El tular ha decidido que él sea el líder ya que es la persona que tiene carisma con los demás.
Don Rafael está solicitando el préstamo para compra de fertilizantes e insumos para agricultura y al igual que sus compañeros de grupo están contentos de trabajar con Prisma.
Doña Mary tiene negocio de pulpería la cual desea surtir un poco.
Doña Luwin tiene un negocio de venta de leña.
Don Rafael su sueño es tener una buena cosecha este año y tener una mejor casa.

San Lorenzo, Honduras - Julio 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
  • 83
    View loans »
    Honduras Loans Fundraising
  • $8,845,600
    Funds lent in using Kiva
  • 20.4
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A portion of G.s El Tular Group's $550 loan helped a member to purchase fertilizers and supplies for his business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 5, 2013
Listed
Aug 5, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2014