Update on GladysGladys, 59, is single and has three children who depend on her. She lives in her own house in the community of Tular, Nacaome, Valle, in the south of Honduras.
She has sold used clothing and groceries for ten years. Her customers are her friends and people who visit her business on a daily basis. Gladys is a hardworking woman who wants to get ahead. She's an example in her community of work and family devotion.
Gladys is requesting the loan to buy staple products: beans, rice, corn, dairy products, milk, bread, coffee, and other basic food items. With the support of this loan she plans to improve her business and better serve her customers. This is the fourth loan she has requested and she's very happy to keep on working with Prisma and Kiva.
Her dream is to improve her business and her house.
San Lorenzo, Honduras, May 2014
Ella está solicitando el préstamo para la compra de granos básicos Frijoles, arroz, maíz, lácteos, leche, pan, café, y otros productos de consumo básico, con el apoyo de este préstamo ella pretende mejorar su negocio y atender mejor a sus clientes, está muy contenta de seguir trabajando con PRISMA y KIVA, es su cuarto préstamo que solicita.
Su sueño es mejorar su negocio y su casa.
San Lorenzo, Honduras - Mayo del 2014.
Previous Loan DetailsGladys is 58 years old, single, and has 4 children who depend on her. She lives in San Lorenzo, in the south of Honduras. She has her own home and for 10 years she has sold cosmetics, underwear, and clothing for women and men. Gladys also sells pork from pigs she raises and then sells. Her sal... More from Gladys's previous loan »
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.
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