The group El Puente is located in the neighborhood Jazmines Trojes El Paraiso and is comprised of three people who own their own businesses and have a lot of experience in administration of them. They know each other very well since they all live near one another. They decided to form the group in order to apply for a loan to invest in their businesses, because they do not have adequate guarantees and are not subject to national banking credit. The loan will be used to buy more merchandise to meet the demand of their customers. This will enable them to improve their sales and thus have profits to improve the lives of their families.
Dilcia has a grocery store, Iris sells firewood and tortillas and Mario has a grocery store.
el grupo El Puente esta ubicado en el barrio los Jazmines Trojes El Paraiso, esta integrado por tres personas que poseen negocios propios y que tienen mucha experiencia en la administración de los mismos, se conocen muy bien ya que todos viven cerca uno del otro, tomaron la decision de formar el grupo con el propósito de solicitar un credito para invertirlo en sus negocios, ya que por no contar con garantías suficientes no son sujetos de crédito en la banca nacional. el credito lo utilizaran para comprar mas mercaderia y asi satisfacer la demanda de sus clientes, esto les permitira mejorar sus ventas y así obtener mayores ganancias para mejorar las condiciones de vida de sus familias.
Dilcia tiene una pulperia, Iris vende leña y tortillas y Mario tiene una pulperia.
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.
A portion of El Puente Group's $1,075 loan helped a member to purchase beans, rice, sugar, butter, oil, salt, meat, ice cream, firewood, corn, toilet paper, sanitary napkins, churros, soft drinks, and juices.