Mrs. Maria Dionisia H. is 46 years old, married, has 4 children, and lives with her family in the town of San Francisco de la Paz, Olancho. Twelve years ago, without much knowledge about business, Mrs. Maria Dionisia decided to make a living by installing a small grocery store in her home. She works from 6 a.m. to 7 p.m. and thanks to the loans she has received from FAMA she has been able to invest more in her business and now owns one of the most successful businesses in the community. Her quality of life has also improved and she has been able to buy some cows. She is coordinator of the Solidarity Group, God is Love, and together with her 6 fellow members has been active for 4 years in FAMA. The loan she is requesting is needed to supply her grocery store with more and varied products such as: rice, beans, condiments, salsas, spaghetti, churros, sodas, margarine, oil, candies, etc. Her dream is that her business develop into a small market and that she make more profits for her children to study so that they can become university students.
La sra. Maria Dionisia H. tiene 46 años de edad, es casada y tiene 4 hijos, y junto a su familia reside en el municipio de San Francisco de la Paz, Olancho. Hace 12 años y sin saber nada de negocios la sra. Maria Dionisia decidiò comenzar a ganarse la vida instalando una pequeña pulperia en su casa de habitacion, con un horario de atencion de 6:00 am a 7:00 pm y gracias a los prestamos que ha recibido de FAMA ella ha podido ir invirtiendo mas en su negocio y ahora es uno de los negocios mas prosperos de la comunidad, tambien ha mejorado su calidad de vida y hasta a comprado unas cuantas vacas. Es la Coordinadora del Grupo Solidario Dios es Amor y junto a sus 6 compañeros de grupo ya tiene 4 años de ser cliente activa en FAMA. El prestamo que solicita lo necesita para surtir su pulperia de mas y variados productos como ser: arroz, frijoles, condimentos, salsas, espaguetis, churros, refrescos, margarina, aceite, dulces, pan, etc. Su sueño es que su negocio se convierta en un mercadito y tener mas ingresos porque sus hijos estudian y ella quiere que lleguen a ser profesionales universitarios.
Honduras is one of the poorest countries in the Western Hemisphere with approximately 59% of people living below the poverty line. Familia y Medio Ambiente OPDF (FAMA OPDF) is a Honduran non-profit with no religious or political affiliation. FAMA’s mission is to provide quality and opportune financial services so that men and women have equal opportunities to develop their micro or small businesses, whether they focus on agriculture, manufacturing or services. FAMA operates 13 branches throughout Honduras and serves over 12,500 clients.
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.