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G.s Yolaran#2 Group
In this Group: Ulises Oniel, Samuel, Ingrid, Ulises , Maribel
Ulises is enterprising and lives with his children and wife in southern Honduras. He has been buying and selling livestock for over six years. Ulises needs a loan to buy livestock or cattle. He expects the loan will increase his sales because, with new capital, he will have more merchandise to offer his customers, and he will be able to pay for his own needs. He hopes to improve his financial circumstances with this investment. He expects that in a few years his business will be the biggest and best know in the area where he lives, and he will continue supporting his family.

Samuel has been trading livestock for 11 years.
Ingrid has been trading livestock for five years.
Ulises has been trading livestock for 18 years.
Maribel has been operating a mill for 15 years.

Choluteca, Honduras – October 2013
View original language description ↓
El joven Ulises es una persona muy emprendedora vive con sus hijos y su esposa en una comunidad al sur de Honduras. Su negocio es la compra y venta de ganado desde hace más de 6 años.
Ulises el préstamo lo necesita para la compra de ganado o reses, con el crédito espera el aumento de sus ventas debido a que contara con más capital fresco y producto que ofrecer a los clientes que lo visitan y así cubrir sus necesidades de los mismos.
Ulises espera que mejore su situación económica y que se vea reflejado con esta inversión. En unos años el espera con que su negocio este posicionado como el más grande y reconocido de la zona de donde vive y poder seguir apoyando a su familia.
Don Samuel su negocio es la compra y venta de ganado desde hace 11 años.
Doña Ingrid su negocio es la compra y venta de ganado desde hace 5 años.
Don Ulises su negocio es la compra y venta de ganado desde hace 18 años.
Doña Maribel su negocio es el servicio de molino desde hace 15 años.




Choluteca, Honduras – Octubre del 2013

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.

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.

Tags

About Honduras

  • $4,800
    Average annual income
  • 49
    View loans »
    Honduras Loans Fundraising
  • $9,379,625
    Funds lent in using Kiva
  • 20.5
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A portion of G.s Yolaran#2 Group's $1,525 loan helped a member to buy livestock for his business.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 26, 2013
Listed
Nov 28, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2014