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Update on Clemente

Clemente is 56 years old, lives with his wife, and has two kids that depend on him. He lives in the San Lorenzo area, in the south of Honduras. He has his own home, and for 21 years he’s been selling groceries, sausages, and drinks.

Clemente’s clients are his friends, neighbors, and people come to his store every day to buy his products. He’s a hard working man who wants to get ahead along with his family.

Clemente is asking for a loan to buy rice, beans, sugar, ham, bread, churros (fried donuts), soda, water, coffee, pasta, salsa, cookies, etc and some materials he needs to construct a kitchen. With the help of this loan, he would like to improve the quality of life for him and his family. He’s very thankful to Prisma for supporting his business and his dream.

Clemente’s dream is to build a kitchen in order to improve his house.
View original language description ↓
El señor Clemente de 56 años de edad, vive con su esposa, tiene 02 hijos que dependen de él, vive en una comunidad San Lorenzo, al sur de Honduras, tiene casa propia y se dedica desde hace 21 años a la venta de abarrotería, embutidos y refrescos.
Don Clemente sus clientes son los amigos, vecinos y personas que a diario llegan a su negocio a comprar sus productos, es un hombre trabajador, que desea salir adelante con su familia.
Don Clemente está solicitando el préstamo para la compra de arroz, frijoles, azúcar, jabón, pan, churros, refrescos, agua, café, pastas, salsas, galletas, etc. y algunos materiales que necesita para construir en su cocina, con el apoyo de este préstamo desea mejorar un poco su calidad de vida y las de su familia, está muy agradecido con Prisma por apoyar su negocio y su sueño.
Don Clemente su sueño es construir una cocina para mejorar su casa.

San Lorenzo, Honduras - Enero del 2013.

Previous Loan Details

Señor Clemente, age 55, lives in a small hamlet in Nacaome Valle with his wife and children. They work together to get ahead. Clemente has always worked in business and livestock. Clemente has a general store where he sells all sorts of grocery items such as oil, soap, dairy products, sausages, ... More from Clemente'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 Honduras

  • $4,800
    Average annual income
  • 54
    View loans »
    Honduras Loans Fundraising
  • $9,864,875
    Funds lent in using Kiva
  • 19.9
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Clemente to buy rice, beans, sugar, ham, bread, churros (fried donuts), soda, water, coffee, pasta, salsa, cookies etc. for his business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jan 19, 2013
Mar 1, 2013
Currency Exchange Loss:
Feb 17, 2014