Nueva Ilusion Group
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.
Gloria L.: soy la coordinadora del grupo y tengo 5 años 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.
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