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Nilda

Update on Nilda

Young Nilda is 23 years old and is a feisty and responsible person. She lives with her family in a community south of Honduras. She has a business selling sweets in her own and in nearby communities.

Nilda needs a loan in order to buy plantains, yucca, onion, cabbage, cheese, sauces, tortillas, butter, and more, to continue with her business. She hopes this loan will be a great help to her as, thanks to it, she will have all the necessary products to keep on working and meeting her customers' demands.

Nilda hopes that her sales will increase and she will be able to improve her and her family's quality of life. She wants her business to grow in some years so that she can continue to support her family as they achieve their goals and dreams - her siblings do not want to stop studying as they want better opportunities in the future.

Choluteca, Honduras; August 2013.
View original language description ↓

La Joven Nilda tiene 23 años de edad, es una persona muy luchadora y responsable vive junto a su familia en una comunidad al sur de Honduras. Su negocio es la venta de golosinas en su comunidad y demás caseríos cercanos a la misma.
Nilda necesita el préstamo para la compra plátanos, yuca, cebolla, repollo, queso, salsas, tortillas, manteca, etc. Para seguir con su negocio, espera que el préstamo le sirva de mucho ya que gracias a este contara con los productos necesarios para seguir realizando su trabajo y cubriendo la demanda de sus clientes.
Nilda espera que sus ventas aumenten y mejorar un poco su calidad de vida y el de su familia desea que su negocio crezca en unos años y así poder seguir apoyando a su familia para que cumplan sus metas y sueños como de que sus hermanos no dejen de estudiar y así puedan tener mayores oportunidades en el futuro.



Choluteca, Honduras – Agosto 2013

Previous Loan Details

Nilda’s an honest, responsible and hardworking person. She’s single living with her mother in a community in Choluteca in southern Honduras. Nilda’s business is selling snacks and needs the loan to buy pants, shirts, blouses, underwear, skirts, dresses and sweaters for another one of her activi... More from Nilda's previous loan »

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.

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.

About Honduras

  • $4,200
    Average annual income
  • 16
    View loans »
    Honduras Loans Fundraising
  • $8,226,575
    Funds lent in using Kiva
  • 20.4
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Nilda to buy plantains, yucca, onion, cabbage, cheese, sauces, tortillas, butter, and more, for her business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 11, 2013
Listed
Aug 6, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2014