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Update on Ruben

Sr. Rubén is 39 years old and lives in southern Honduras with his wife and children. He supports them in each of their activities. Rubén has been providing taxi services in the community where he lives for 23 years. His business requires him to travel since he works in the transportation sector.

The loan he is requesting will be used to buy construction materials such as cement, sand, bricks, and iron rods so that he can rebuild a wall in his house. This will improve his quality of life and that of his family. He expects the impact of his loan will improve his home. At the same time, he hopes to improve service to each of his customers who require transportation every day.

The future plans of Don Rubén include continuing to grow each day in his business and generating more income so that he and his family can have a better quality of life.

Choluteca, Honduras – September 2012

View original language description ↓
El señor Rubén tiene 39 años de edad vive en la zona sur de Honduras junto con el vive su esposa y sus hijos quien le apoya en cada una de sus actividades, su negocio es servicio de taxi actividad que realiza desde hace 23 años en su comunidad donde vive. Don Rubén su negocio lo hace de manera ambulante ya que es rubro de transporte.
El crédito lo necesita para la compra de materiales de construcción como cemento, arena, ladrillo, varillas de hierro para reconstruir una pared de su casa, para mejorar su calidad de vida y la de su familia.
El impacto esperado con el financiamiento, es mejorar su vivienda y al mismo tiempo dar un mejor servicio a cada uno de sus clientes los cuales transporta a diario.
Don Rubén los planes a futuro es seguir creciendo cada día en su actividad de igual manera generarse mejores ingresos para tener una mejor calidad de vida para el y su familia.
Choluteca, Honduras - Septiembre del 2012

Previous Loan Details

Ruben is 39 years old. He lives in the small village of Nuevos Colorados together with his two children. Ruben provides a transport service. He has a taxi and regular customers who he transports from their homes to their places of work and back every day. He will use his loan to buy spare par... More from Ruben's previous loan »

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.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

About Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Honduras

  • $4,800
    Average annual income
  • 44
    View loans »
    Honduras Loans Fundraising
  • $9,371,525
    Funds lent in using Kiva
  • 19.7
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Ruben to buy cement, sand, bricks, and iron rods for rebuilding a wall in his home.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Sep 11, 2012
Oct 5, 2012
Currency Exchange Loss:
Jul 18, 2013