San Marcos Group
Hello, we are from the group San Marcos. We are located in the municipality of Danli. We know each other very well and we have always worked together. We are neighbours in our community and our group is made up as follows: Elsa del Carmen S.: I am the coordinator of the group and I prepare and sell foods, and soft drinks, although my specialty is snacks and breakfasts. I have many years of running this business. Ana Linda M. R.: her occupation is the preparation and the sales of foods and soft drinks. Her clients are the employees of the Plasencia tabacco compnay. She has more than 5 years at this activity and throughout she has managed to acquire part of what is in her home. She also helps her husband to cover the household expenses. Evelyn T.: she prepares and sells foods. This business allows her to help her husband cover the household expenses. All of us have been able to make it past many difficult years, and this is thanks to the sound administration of our businesses.
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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Success!! The loan was 100% repaid