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San Valentin Group
In this Group: Brenda Elizabeth, Yehnifer Carolina, Silveria
Silveria is a member of the San Valentín communal bank. She is 60 years old and a widow. She lives in the Los Laureles neighborhood in the community of Tocoa, department of Colon. Silveria lives with her thirteen year old granddaughter who goes to school and in her free time helps Silveria attend to the business. She sells products for household consumption. The business has been running for six years. She started it with a little capital but over time it has grown. Now Silveria has more products in her business to offer her customers. She is open from 7:00 am until 8:30 pm. The advantage is that she has very little competition. She needs the loan to stock her business with more and more varied products such as: sugar, milk, rice, lard, beans, soap, detergent, dairy products, drinks, churros, candies, etc. She hopes that with this loan her income will grow and she will be able to support her granddaughter and also make her payments on time. Her goal is to keep her business stable without needing to ask for loans to stock her store. This is her first cycle in FAMA and she hopes to be able to make her payments on time.
View original language description ↓
Doña Silveria es miembro del Grupo Solidario San Valentín, tiene 60 años de edad, es viuda, y reside en el Barrio Los Laureles, en el Municipio de Tocoa, departamento de Colon. Doña Silveria vive con su nieta de trece años la cual asiste a la escuela y en su tiempo libre le ayuda a doña Silveria atender el negocio, ella se dedica a la venta de productos de consumo para el hogar, el negocio tiene seis años de funcionar, la pulpería la empezó con poco capital pero a medida ha pasado el tiempo a ido creciendo, ahora Doña Silveria en su negocio tiene mas productos para ofrecer a sus clientes, su horario de atención comienza desde las 7:00 am hasta las 8:30 pm. Su ventaja es que tiene muy poca competencia. El préstamo lo necesita para surtir su negocio de más y variados productos como ser: azúcar, leche, arroz, manteca, frijoles, jabón, detergente, productos lácteos, refrescos, churros, dulces, etc. Ella espera que con el apoyo de este préstamo sus ingresos aumenten y así poder sostener a su nieta y también cancelar sus cuotas de forma puntual. Su meta es que su negocio se pueda mantener estable sin la necesidad de tener que solicitar préstamos para poder surtir su pulpería. Es su primer ciclo en FAMA y espera poder cumplir con sus compromisos de pago de forma puntual.

Additional Information

About FAMA:

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.

About Honduras

  • $4,800
    Average annual income
  • 53
    View loans »
    Honduras Loans Fundraising
  • $9,870,800
    Funds lent in using Kiva
  • 19.1
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A portion of San Valentin Group's $1,000 loan helped a member to buy sugar, rice, lard, salt, beans, and more.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Feb 25, 2012
Mar 28, 2012
Currency Exchange Loss:
Aug 16, 2012