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Gs Amor Y Paz Group
In this Group: Margarita Reina, Javier Alexander, Jose Mario, Henry Noel, Gerardo, Francisco Omar*
* not pictured
Margarita is 55 years old. She lives in the community of Flor del Valle in eastern Honduras. She is the mother of 6 children. Margarita has a business producing bananas. She has more than 25 years of experience in this line of work. She will use the loan that she has requested to buy chemical and organic fertilizers. This will help her to increase her production and her household income. In addition, this will enable her to satisfy some financial obligations that she has.

Margarita dreams of providing her children with a good professional education and improving their living conditions. The support that she is receiving from this loan will help her to achieve these goals.

Jose, Henry Gerardo, Francisco and Javier are very united in this group. They are all farmers, because this is a fertile area, and so this is what most people do who live in this area. All of them have dreams of getting ahead and improving their financial situation, because they would like to provide more support to their families.
View original language description ↓
La Señora Margarita, tiene 55 años de edad, habita en la comunidad de Flor del Valle en el Oriente de Honduras es Madre de 6 hijos, Su actividad es la Producción de Plátano, cuenta con más de 25 años de dedicarse a esta actividad, con el crédito que a solicitado lo usara para Compra de Abono y Fertilizante y le contribuirá a tener una mayor producción y mejorarar sus ingresos en su hogar, además de ayudarle a cumplir sus compromisos financieros contraídos.
Doña Margarita su sueños es darle una buena educación profesional a sus hijos y mejorar las condiciones de vida, con el apoyo que reciba del préstamo le contribuirá a lograr sus sueños.
José, Henrry, Gerardo, Francisco y Javier son muy unidos en su grupo y todos se dedican a la agricultura ya que es una zona productiva y es lo que la mayoría de personas de la comunidad hace en el sector.
Todos ellos tienen sueños de salir adelante y mejorar su situación económica ya que les gustaría apoyar mas a sus familias.

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.

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About Honduras

  • $4,200
    Average annual income
  • 23
    View loans »
    Honduras Loans Fundraising
  • $8,480,275
    Funds lent in using Kiva
  • 19.1
    Honduras Lempiras (HNL) = $1 USD
Expired
A portion of Gs Amor Y Paz Group's $3,050 loan helped a member to buy fertilizers for her crops.
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 30, 2014
Listed
Jun 3, 2014
Currency Exchange Loss:
Possible
Expired:
Jul 3, 2014