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Walter Omar
Walter is a very hard-working and responsible young man. He lives with his parents in a community in the south of Honduras. For 3 years he has had a business buying and selling cattle, which he sells from his home.

Walter needs the loan to buy cows. He hopes the loan will help him a lot as he does not have the necessary capital to continue working in his business. He also hopes to increase his sales and thus make more income which will benefit the family's home lifestyle.

He hopes to increase his business and keep supporting his siblings in their education so that they have better opportunities in life.

Choluteca, Honduras – May 2014
View original language description ↓
El joven Walter es una persona muy trabajadora y responsable vive en una comunidad al sur de Honduras junto a sus padres. Su negocio es la compra y venta de ganado desde hace 3 años, los cuales vende desde su casa de habitación.
Walter Necesita el préstamo para la compra de vacas; El espera que el préstamo le ayude mucho ya que no cuenta con el capital necesarios para seguir trabajando es su negocio, además un aumento en las ventas, y con esto ganar más ingresos que beneficien el estilo de vida de la familia en el hogar.
El espera aumentar su negocio y seguir apoyando a sus hermanos en sus estudios para que tengan mayores oportunidades en la vida.

Choluteca, Honduras – Mayo del 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.

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
Ended with Loss - Currency Exchange Loss learn more
A loan of $525 helped Walter Omar to buy cows for his business.
98% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 14, 2014
Listed
Jun 20, 2014
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2015