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Gs Denis Group
In this Group: Denis Omar, Juan Francisco, Gloria Cecilia
Denis is an enterprising person working in his community. His main source of income is his business, where he sells and repairs coffee pulpers. He has been doing this for fifteen years. He has a small shop set up in his home, and his customers are mainly people from the mountainous areas of Jamastran. These machines take the pulp out of coffee beans, and since they get constant use during the season, Denis is in charge of repairing them.

Denis is requesting this loan in order to buy materials like sheet metal, soldering electrodes, and other items for his shop. His dream is to have a larger shop and all the necessary tools.

He is requesting the loan as a group, alongside the following people: Juan works in retail and has run a small grocery store from his home for two years. Gloria has three hens and has been working selling eggs for two years. None of them have enough capital to meet their customers' demand, and they want to get ahead with support from Prisma and Kiva.

Danlí, Honduras – April 2014
View original language description ↓
El señor Denis se dedica al comercio y es una persona emprendedora de su comunidad su fuente principal de ingresos provienen de su negocio, la venta y reparación de maquinas despulpadoras de café, esto lo realiza desde hace 15 años, el cuenta con un pequeño taller en su casa de habitación, sus principales clientes son personas de las zonas montañosas de Jamastran, estas maquinas sirven para sacar la pulpa del café y como el uso es continuo en temporada el señor Denis se encarga de repararlas.
Don Denis solicita el apoyo del préstamo para la compra de materiales como ser, lamina liza, electrodos para soldar, y otros materiales para su taller, el sueña con tener un taller más grande y con todas las herramientas necesarias, el solicita el préstamo de manera grupal con las siguientes personas, Juan se dedica al comercio y tiene una pequeña venta de abarrotería en su casa de habitación desde hace 2 años.
Gloria se dedica a la venta de huevos de casa, ella tiene gallinas ponedoras desde hace 2 años.
todos ellos no cuentan con el capital suficiente para satisfacer la demanda de su clientes y desean salir adelante por medio de financiamiento con Prisma y Kiva.

Danlí, 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
  • 41
    View loans »
    Honduras Loans Fundraising
  • $8,353,375
    Funds lent in using Kiva
  • 19.1
    Honduras Lempiras (HNL) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A portion of Gs Denis Group's $1,375 loan helped a member to buy sheet metal, soldering electrodes, and other materials for his shop.
98% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 29, 2014
Listed
Jun 5, 2014
Currency Exchange Loss:
Possible
Ended:
May 17, 2015