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Gs Col. 20 De Mayo Group
In this Group: Jose Luis, Felixia Evelia, Martha Delia, Erika Vanesa, Yenis Isabel
Jose is a very honest, responsible person who lives in a community in southern Honduras with his wife. For 13 years he has been running a grocery store out of his home, which is very well-known and visited by neighbors.

Jose is requesting a loan to buy more goods such as corn, shortening, eggs, cheese, soft drinks, doughnuts, rice, beans, bread, coffee, butter, meat, juices and other goods to stock his store. He is hopeful the loan will be of great help since he will be able to have on hand the supplies necessary to meet customer demand for their satisfaction. He also hopes sales will increase considerably so he will have more income to benefit his household and family lifestyle.

Jose wants to increase business and continue supporting his family so he can live without wory and can have a better future with his wife.

Felixcia has been in the grocery store business for two years.
Marth has been selling plastic products for ten years.
Erika has been selling plastic products for two years.
Yenis has been selling used clothing for ten years.

Choluteca, Honduras - April, 2014
View original language description ↓
José es una persona muy honesta y responsable, vive en una comunidad al sur de Honduras junto con su esposa. Su negocio es una pulpería desde hace 13 años, la cual esta ubicada en su casa de habitación la cual es muy conocida y visitada por vecinos de la misma.
Jose está pidiendo el préstamo para la compra de más productos como ser: maíz, manteca, huevos, queso, refrescos, churros, arroz, frijoles, pan, café, mantequilla, carne, jugos, entre otras; que necesita para surtir más de producto su negocio. El espera que el préstamo le sirva de mucha ayuda ya que gracias a el contara con los insumos necesarios para cubrir la demanda de sus clientes y así mismo satisfacer las necesidades de estos, de igual manera que sus ventas tengan un aumento considerable, y gracias a este ganar más ingresos que beneficien el estilo de vida de la familia en el hogar.
Jose espera aumentar su negocio y seguir apoyando a su familia y así de esta manera poder vivir de una forma más tranquila y que tener un mejor futuro al lado de su esposa.

Felixcia su negocio es una pulpería desde hace 2 años.
Martha su negocio es la venta de productos plásticos desde hace 10 años,
Erika su negocio es la venta de productos plásticos desde hace 2 años,
Yenis su negocio es la venta de ropa usada desde hace 10 años

Choluteca, 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.

Tags

About Honduras

  • $4,800
    Average annual income
  • 89
    View loans »
    Honduras Loans Fundraising
  • $8,676,100
    Funds lent in using Kiva
  • 19.1
    Honduras Lempiras (HNL) = $1 USD
Expired
A portion of Gs Col. 20 De Mayo Group's $1,800 loan helped a member to buy corn, shortening, eggs, cheese, soft drinks, doughnuts, rice, beans, bread, coffee, butter, meat, juices and other goods for his business.
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 30, 2014
Listed
Jun 6, 2014
Currency Exchange Loss:
Possible
Expired:
Jul 6, 2014