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Navideño Group
In this Group: Luis Alonso, David Reynieri
Luis is a member of the “Navideño” solidarity group. He’s 31-years-old, married and has one daughter. He and his family live in the city of Juticalpa’s 1º de Mayo neighborhood.

His wife works as a nurse in a private clinic and Luis works as a pastry baker making all types of baked goods like muffins, donuts, cookies, etc. He learned when he worked in a pastry shop and he got the idea of establishing his own bakery.

He works with two young men he pays according to production. He works every day starting to make bread from 2am until 8am and then goes out to sell it to his customers. The advantage is that his customers like his products very much and place large orders so his sales are good. The only inconvenience is that he has to pay rent since he does not have a place of his own in which to bake bread.

The loan Luis is requesting is to stock the business with products like flour, eggs, baking soda, salt, milk and sugar, among others and to buy an oven because he needs it to make larger amounts of bread.

With help from this loan his family’s standard of living will change because he’ll be able to make larger amounts of bread to offer more to his customers. His dream is to have his own locale and to be able to build his house.

Luis has been a FAMA client for two cycles and he’s been able to make his installment payments punctually.
View original language description ↓
Luis es miembro del Grupo Solidario Navideño, tiene 31 años de edad, es casado y tiene 1 hija, el y su familia reside en la colonia 1º de mayo de la ciudad de Juticalpa. Su esposa trabaja de enfermera en una clínica privada. Luis se dedica a la repostería donde hace diferentes tipos de horneado de pan como ser molletes, donas, galletas, etc., aprendió cuando trabajo en una repostería y le surgió la idea de poner su propia empresa de venta de pan. Trabaja con dos jóvenes y les paga de acuerdo a la producción, lo hace todos los días comienza a elaborar el pan desde las 2:00 am hasta las 8:00 am, luego sale a vender el producto a sus clientes. La ventaja es que a sus clientes les gusta mucho su producto y le encargan pedidos grandes por lo que tiene muy buenas ventas. El único inconveniente es que tiene que pagar alquiler, ya que no tiene un local propio para la elaboración del pan. El préstamo que Luis solicita es para surtir su negocio en la compra de productos como ser: harina, huevos, soda, sal, leche, azúcar, entre otros y en la compra de un horno ya que lo necesita para hacer mayores cantidades de pan. Con la ayuda de este préstamo el nivel de vida de su familia cambiaria, ya que podrá elaborar mayor cantidad de pan para ofrecerle mas a sus clientes. Su sueño es tener su propio local y poder hacer su casa. Luis tiene dos ciclos de ser cliente de FAMA y ha podido cumplir con sus cuotas puntualmente.

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
  • 52
    View loans »
    Honduras Loans Fundraising
  • $9,881,200
    Funds lent in using Kiva
  • 19.1
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A portion of Navideño Group's $1,575 loan helped a member to buy an oven, flour and sugar, among others.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Mar 31, 2012
Jun 1, 2012
Currency Exchange Loss:
Oct 16, 2012