Check out other loans that are currently fundraising!
Shadai Nuevo Group
In this Group: Celina, Jose Pedro, Gregoria
The Shadai Nuevo solidarity group is made up of Celina, Jose, and Gregoria, all of whom live in San Lorenzo, Honduras. The group leader, Celina, makes a living by selling shrimp. She purchases bulk quantities of shrimp in her hometown and travels twice each week to Tegucigalpa to sell her wares. Celina is requesting a loan of HNL 5,000 to purchase a bulk quantity of shrimp. She would like to continue working with Prisma in the future in order to grow her business.

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

  • $4,800
    Average annual income
  • 39
    View loans »
    Honduras Loans Fundraising
  • $9,970,375
    Funds lent in using Kiva
  • 18.8
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A portion of Shadai Nuevo Group's $800 loan helped a member to purchase a bulk supply of shrimp.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Aug 4, 2011
Aug 9, 2011
Currency Exchange Loss:
May 15, 2012