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Gs Buena Vista El Prado Group
In this Group: Elmo De Jesus, Rufino, Erlyn Jonas, Humberto
Señor Elmo is 52 years old, the father of four children, living together with his wife. He works in banana production and sales. He has more than 10 years working in this area, which he alternates with coffee growing. This type of work has as good a market locally and nationally as well as beyond the borders of our country as Trojes is on the border with Nicaragua.

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
View original language description ↓
El Señor Elmo tiene 52 años de edad, es padre de cuatro hijos convive con su esposa , Su actividad es la producción y venta de plátano, cuenta con más de 10 años de dedicarse a esta actividad alterna a la caficultura este tipo de actividad tiene un muy buen mercado tanto local como nacional y fuera de las fronteras de nuestro país ya que trojes esta fronterizo con Nicaragua.
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

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
  • 24
    View loans »
    Honduras Loans Fundraising
  • $8,148,850
    Funds lent in using Kiva
  • 19.1
    Honduras Lempiras (HNL) = $1 USD
Expired
A portion of Gs Buena Vista El Prado Group's $3,150 loan helped a member to buy manure and fertilizer for the land where they grow crops.
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 30, 2014
Listed
Jun 4, 2014
Currency Exchange Loss:
Possible
Expired:
Jul 4, 2014