Update on AdrianAdrian is a hard-working, responsible and humble person who lives together with his family in a community in the south of Honduras. He has been selling pigs for the past few years. He works from his house and in the neighboring communities in his municipality.
Adrian needs the loan to buy more pigs and concentrated feed to sustain them. Then he can continue running his business which generates most of his income. Adrian hopes with the loan to increase his sales considerably and this will help him a lot as now he does not have the products that his clients are demanding from him each day.
Thanks to this he could improve his family's quality of living with the increase of revenue into his home. He hopes in the short term to expand his business and doing this continue to support his family and provide his children with the education they need to have better opportunities in life. Choluteca, Honduras - April 2014.
Don Adrian necesita el préstamo para la compra de más cerdos y concentrado para seguir sustentándolos, y así seguir realizando su negocio; el cual le brinda una gran parte de sus ingresos.
Don Adrian con el préstamo espera que sus ventas aumenten considerablemente, y que este le sirva de mucho ya que no cuenta con los productos que ahora le exigen sus clientes para cubrir los pedidos solicitados por ellos a diario, y gracias a esto poder mejorar la calidad de vida de la familia con el aumento de los ingresos en el hogar.
El espera en un corto plazo hacer crecer su negocio y con esto poder seguir apoyando a su familia y que sus hijos tengan los estudios necesarios, para tener mayores oportunidades en la vida.
Choluteca, Honduras – Abril del 2014
Previous Loan DetailsAdrian's business is buying and selling cattle. He has ten years experience in this business. He really enjoys what he does as he has always lived in the countryside. Adrian himself cares for and feeds his cattle. His customers come to his small village to buy from him because they already know… More from Adrian'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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