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Martha

Update on Martha

Martha is 43 years old, single with two dependent children. She lives in San Lorenzo in the south of Honduras in the house of a relative. For the past 25 years she has sold tortillas. Martha's clients prefer her because she is friendly and provides good service. She works from 6 am until 7 pm. She is a hard-working woman who wants to get her family and business ahead.

Martha is requesting this loan to buy wood, corn and lime. She also wants to improve her work area. With the help of the loan she hopes to have enough raw material for this season which is when she sells a lot. She is happy to continue working with Prisma. Martha's dream is to own her own house as she now lives in a relative's home


San Lorenzo, Honduras - September 2013
View original language description ↓
La señora Martha de 43 años de edad es soltera, tiene dos hijos que dependen de ella, vive en una comunidad de San Lorenzo, al sur de Honduras, vive en casa de un familiar y se dedica desde hace 25 años al negocio de venta de tortillas.
Doña Martha sus clientes le prefieren por su amabilidad y buen servicio ya que atiende a sus clientes desde las seis de la mañana hasta las siete de la noche, es una mujer trabajadora y su deseo es sacar adelante a su familia y su negocio.
Doña Martha está solicitando el préstamo para la compra leña, maíz, cal y mejorar un poco su taller, con el apoyo del préstamo espera tener la suficiente materia prima para esta época en donde se vende bastante la tortilla, está muy contenta de seguir trabajando con Prisma.
Doña Martha su sueño es tener su propia casa ya que donde ella vive es de un familiar.

San Lorenzo, Honduras - Septiembre del 2013

Previous Loan Details

Martha is 42 years old, single, and has two children that depend on her. She lives in the San Lorenzo community in southern Honduras. She lives in the home of a family member. She has been in the business of selling tortillas for 25 years. Her customers prefer her for her kindness and good servic... More from Martha'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
  • 27
    View loans »
    Honduras Loans Fundraising
  • $8,239,325
    Funds lent in using Kiva
  • 20.4
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Martha to buy wood, corn and lime for her business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 9, 2013
Listed
Sep 23, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2014