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Nueva Ilusion Group
In this Group: Gloria Lizeth, Eloisa, Cyntia Yadira
Hello, we are the "Nueva Ilusion" group. We all are hard-working, responsible women with a big desire to do better in life. Our goal is to be able to make our business grow and have better profits and like that be able to choose a better quality of life for us, our husbands and our children. Family is the most important thing for us and we want to support them.
Our activities are:
Gloria L.: I am the coordinator of the group and I had the business of production and sales of tortillas for 5 years. My business has quite a lot of demand since tortillas are an indispensable food in our meals.

Eloisa Z.: She sells candies. She needs the loan to condition better her business and buy the utensils to make the candies.

Cyntia R.: She makes and sells Baleadas (flour tortillas filled with mashed fried beans), this type of meal is very popular in our country, since baleadas are eaten during breakfast and dinner.
View original language description ↓
hola nosotras somos el grupo Nueva Ilusion, todas somos mujeres muy luchadoras, responsables y con muchos deseos de superarnos, nuestra meta es poder hacer crecer nuestros negocios para tener mejores ganancias y asi poder optar a una mejor calidad de vida para nosotras, nuestros esposos e hijos, para nosotras la familia es lo mas importante y tenemos que sacar nuestras familias adelante, nuestras actividades son:
Gloria L.: soy la coordinadora del grupo y tengo 5 aƱos de tener mi negocio que es la elaboracion y venta de tortillas, mi negocio tiene bastante demanda ya que las tortillas son un alimento indispensable en nuestras comidas.
Eloisa Z.: ella tiene una venta de golosinas, ya dias que tiene su negocio, ella necesita el credito para acondicionar mejor su negocio, compra de utencilios para hacer las comidas.
Cyntia R.: ella se dedica a la elaboracion y venta de Baleadas, este tipo de comida es muy vendido en nuestro pais, ya que las baleadas se comen en el desayuno y la cena.

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.

About Honduras

  • $4,200
    Average annual income
  • 30
    View loans »
    Honduras Loans Fundraising
  • $8,257,650
    Funds lent in using Kiva
  • 19.1
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A portion of Nueva Ilusion Group's $800 loan helped a member buy materials for the production of corn and wheat tortillas and buy the ingredients to make candies.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 25, 2008
Listed
Dec 3, 2008
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2009