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G.s Alto Verde Group
In this Group: Abel, Luis, Claudia
Abel, 31 years old, lives with his wife and two children in their house. For the past 3 years, he has made his living selling baleadas (flour tortilla folded in half with refried beans, cheese, cream and other ingredients inside), fruit drinks and water. With this business, Abel and his wife have gotten their family ahead and have improved their living conditions. They are struggling to expand their business.

His colleagues of the group called Alto Verde are very happy to have named him as their leader, since he is a serious and responsible person.

Abel is applying for this loan to buy potatoes, yucca, chayote squash, plantains, flour, soda, fruits, bottled soft drinks meats and oils, since he and his wife want to sell other types of snacks, in addition to selling baleadas, in order to increase their income and in this way, get ahead.

Luis' business is selling clothes. Claudia has a business selling wholesale clothing. The photos show each person's business.

San Lorenzo, Honduras - June 2013
View original language description ↓
El señor Abel de 31 años de edad, vive con su esposo y sus dos hijos en su casa de habitación, se dedica desde hace 03 años al negocio de venta de baleadas, frescos naturales y agua.
Don Abel con esta actividad él y su esposa han sacado adelante a su familia y han mejorado su condición de vida, están luchando por ampliar su negocio y sus compañeros del grupo denominado alto verde se sienten muy bien al nombrarlo como líder ya que es una persona seria y responsable.
Don Abel está solicitando el préstamo para compra de papas, yuca, pataste, plátanos, harina, soda, frutas, frescos de botella, carnes y aceites ya que junto con su esposa desean además de vender baleadas, también quieren vender otro tipo de golosinas para aumentar más sus ingresos y de esa forma ir saliendo adelante.
Don Luis su negocio es la venta de ropa.
Doña Claudia tiene un negocio de venta de ropa al por mayor, en las fotos se muestra el negocio de cada uno de ellos.

San Lorenzo, Honduras - Junio 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

  • $4,200
    Average annual income
  • 30
    View loans »
    Honduras Loans Fundraising
  • $8,146,250
    Funds lent in using Kiva
  • 20.4
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A portion of G.s Alto Verde Group's $900 loan helped a member to buy potatoes, yucca, chayote squash, plantains, flour, soda, fruits, bottled soft drinks, meats and oils for his business.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 27, 2013
Listed
Aug 5, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014