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Sari Group
In this Group: Baltazara, Megdalia Del Socorro, Vicente Raul
Baltazara is 52 years old and a member of the Grupo Solidario Sari [Sari Solidarity Group]. She is also a single mother with four children. She and her children live in the Trojes community, El Paraiso.

Baltazara started her business selling used clothing of her own initiative 7 years ago. Her children help her to operate the clothing shop, which is kept open between 8:00am to 5:00pm. During her free time she sells clothes as a street vendor. They are a family of real go-getters, honest and responsible.

She is asking for a loan to buy packs of clothing in contemporary styles so that she can attract customers and, in this way, increase her sales. Baltazara's financial situation has changed significantly since she received the support of FAMA's loans. Her goal is to improve her house so that she can expand her business. Baltazara has been a client of FAMA for many years and has made her repayments on time.
View original language description ↓
Doña Baltazara tiene 52 años de edad, es miembro del Grupo Solidario Sari, es madre soltera de 4 hijos, ella y sus hijos residen en la comunidad de Trojes, El Paraiso. Doña Baltazara inicio su negocio de venta de ropa usada desde hace 7 años, comenzó por iniciativa propia, sus hijos le colaboran en atender la tienda de ropa y el negocio lo abre desde las 8:00 a.m hasta las 5:00 pm y en su tiempo libre sale a vender de forma ambulante, es una familia luchadora, honesta y responsable. El préstamo que solicita lo necesita para la compra de fardos de ropa con estilos que estén a la moda para así poder llamar la atención de sus clientes y de este modo pueda aumentar sus ventas. La vida económica de doña Baltazara ha cambiado considerablemente desde que recibe el apoyo de los préstamos de FAMA. Su meta es mejorar su casa para poder ampliar su negocio. Doña Baltazara ha sido clienta de FAMA desde hace varios años y ha pagado puntualmente sus cuotas.

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
  • $9,864,875
    Funds lent in using Kiva
  • 19.1
    Honduras Lempiras (HNL) = $1 USD