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Gabarrete Group
In this Group: Maria Emelda, Wendy Maribel, Erasmo
Emelda, 44, is a member of Gabarrete Solidarity Group. She's married and has five children. Her husband works in agriculture. She's a very pleasant and respectful person. Her virtue is not feeling bad about going out to sell her products.

Emelda started her business 12 years ago making pastries and doughnuts. Currently she continues with the same business but she sells wholesale as well as a variety of sweets. Her business hours start in the morning and end at 7 p.m.

Emelda needs the loan she's requesting to invest in buying corn, meat, soda, flour, sugar, and other ingredients. With the support of this loan her life will change a lot because she'll have more stock in her business and she'll be able to offer her customers various sweets. Her sales will increase and her profits as well.

Her challenge is being able to get her family ahead and make her business grow. Her dream is to be a successful micro-entrepreneur and be able to set up her cafeteria downtown because it's an area where there are more sales.

This is her second loan with FAMA and she has made her payments punctually.
View original language description ↓
Doña Emelda tiene 44 años de edad, es miembro del Grupo Solidario Gabarrete, es casada y tiene 5 hijos, su esposo se dedica a la agricultura, ella es una persona muy agradable y respetuosa, su cualidad es no tener pena de salir a vender sus productos. Doña Emelda comenzó su negocio desde hace 12 años haciendo pastelitos y donas, en la actualidad sigue con el mismo negocio pero vende en mayor cantidad y variedad de golosinas, su horario de atención inicia por la mañana y culmina a las 7:00 pm. El préstamo que doña Emelda solicita lo necesita para invertirlo en la compra de maíz, carne, refrescos, harina, azúcar, entre otros. Con el apoyo de este préstamo su vida cambiara en gran manera ya que tendrá mayor surtido su negocio y podrá ofrecer diferentes golosinas a sus clientes por lo que sus ventas aumentaran y sus ganancias también. Su desafío es poder sacar adelante a su familia y hacer crecer su negocio. Su sueño es ser una microempresaria exitosa y poder establecer su cafeteria en el centro de la ciudad ya que es una zona donde las ventas son mayores. Este es su segundo préstamo que solicita en FAMA y ha cancelado sus cuotas 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
  • 38
    View loans »
    Honduras Loans Fundraising
  • $9,971,400
    Funds lent in using Kiva
  • 19.9
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A portion of Gabarrete Group's $675 loan helped a member to buy corn, meat, soda, flour, sugar, and other ingredients.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Nov 21, 2012
Dec 26, 2012
Currency Exchange Loss:
Apr 30, 2013