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Julio
Julio, age 65, is married and has three children. His wife takes charge of the household chores. They are a responsible and tenacious family.

He has been growing coffee for ten years. It is the source of income with which he has been able to get his family ahead. He started the business on his own initiative. He works with help from his children. They leave for the fields at 5:00 a.m. and they return at 2:00 p.m. During harvest time they do not have a schedule because there is so much work that they need to take maximum advantage of the time.

One of the advantages that Julio has is that coffee sells for a good price. The disadvantage is that during harvest time you can hardly find laborers to gather the coffee. This is because there are so many producers looking for laborers that labor becomes scarce.

Julio needs the requested loan to buy manure and a coffee pulper. He needs the machine to work on the coffee farm and to be able to have greater production.

One of his goals is to have his own coffee dryer in order to be able to have greater production and sell for a better price. This is his first loan with FAMA, and he expects to make his payments punctually.
View original language description ↓
Don Julio tiene 65 años de edad, es casado y tiene tres hijos, su esposa se encarga de los oficios domésticos, son una familia responsable y luchadora. El se dedica al cultivo de café desde hace diez años y es con la fuente de ingreso que ha podido sacar adelante a su familia, comenzó el negocio por su propia iniciativa, trabaja con ayuda de sus hijos y salen al campo desde las 5: am y regresan hasta las 2:00 pm, en temporada de cosecha no tienen horario ya que el trabajo es abundante y necesitan aprovechar el tiempo al máximo. Una de las ventajas de don Julio es que el café se lo pagan a un buen precio, la desventaja es que en temporada de cosecha casi no encuentra mano de obra para la recolección de café, ya que los demás productores buscan empleadores y la mano de obra se vuelve escasa. El préstamo que don Julio solicita lo necesita para invertirlo en la compra de abono y una despulpadora de café, siendo que necesita maquinaria para trabajar en la finca de café y poder tener mayor producción. Una de sus metas es tener su propia secadora de café para poder tener mayor producción y vender a un mejor precio. Este es el primer financiamiento que obtiene en FAMA y espera cancelar puntualmente sus cuotas de pago.

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.

About Honduras

  • $4,200
    Average annual income
  • 56
    View loans »
    Honduras Loans Fundraising
  • $8,358,775
    Funds lent in using Kiva
  • 19.1
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,325 helped Julio to buy manure, a coffee pulper, and a coffee dryer.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Mar 30, 2012
Listed
Jun 1, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 30, 2013