Gs Buena Vista El Prado Group
Don Elmo will use the loan to have better production of his products. This will enable him to increase his earnings to cover his family expenses and his financial contracts. With this loan he will buy manure and fertilizer for the land of his crops.
Don Elmo's dream is to give a good, professional education to his children and improve the living conditions of his family. With the help of the loan he receives this will help him reach his dreams.
The other members also work in banana production and coffee growing and they are: Rufino, Erlyn and Humberto.
Trojes, Honduras, April 2014
Don Elmo con el crédito que solicita le contribuirá a tener una mayor producción de sus productos, lo que le permitirá mejorar sus ingresos para cubrir los gastos familiares y compromisos financieros contraídos. Con este préstamo el comprara abono y fertilizantes para la tierra de sus cultivos.
Don Elmo su sueños es darle una buena educación profesional a sus hijos y mejorar las condiciones de vida de el y su familia, con el apoyo que reciba del préstamo le contribuirá a lograr sus sueños.
Los demás integrantes se dedican también a la producción de Plátano y caficultura y lo integran; Rufino, Erlyn y Humberto.
Trojes, Honduras Abril 2014
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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