Update on Minelda AricelaMinelda is a 30-year-old woman who lives with her husband and two children in the small village of Tular Nacaome in southern Honduras. She has worked for a living for quite some time now as a mobile street vendor in the neighborhoods of San Lorenzo and Nacaome. She sells new American clothing, perfume and sandals, among other items.
Minelda is requesting a loan for 15,000.00 Lempiras (Honduran currency), which she needs to buy undergarments, American clothing, perfume, creams and other products that she can sell for a profit.
With her earnings from this loan she hopes to continue increasing her working capital and continue improving her living conditions since she is finishing the construction of her house. With support from the loan she hopes to reach her goal which is to have her own house and to continue fighting to build her business. Minelda's dream is to grow more with her business.
San Lorenzo, Honduras - April 2014.
Doña Minelda el préstamo que está solicitando es de 15,000.00 lempiras, lo necesita para comprar ropa interior, y ropa americana, perfumes, cremas y otros producto que pueda vender y ganar. Con las ganancias de este préstamo ella pretende seguir aumentando su capital de trabajo y seguir mejorando su condición de vida ya que esta terminando de construir su casa.
Con apoyo del préstamo desea lograr su objetivo que es tener su propia casa y seguir luchando para crecer en su negocio.
Minelda su sueño es crecer más con su negocio.
San Lorenzo, Honduras - Abril del 2014.
Previous Loan DetailsMinelda is a young woman of 28 who lives with her two children and husband in the community of El Tular in Nacaome in the south of Honduras. She earns her living as a street vendor selling clothing in the neighbourhoods and towns of San Lorenzo and Nacaome, a job she's had for some time now. ... More from Minelda Aricela's previous loan »
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.
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