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Marco Antonio
Marco is 35 years old, he is married and has three children. His wife does the housework and breeds chickens. He is a modest, respectful and honorable man. He started working 20 years ago, his father taught him how to work and how to produce coffee. Currently he grows coffee, with the help of a laborer, and his working hours are from 6:00 am to 2:00 pm. In the coffee growing business some seasons are very profitable for Marco, since he has good customers and they pay a good price for the coffee. He requests this loan to invest it in the sowing of more coffee plants and the purchase of fertilizers, since he needs that to improve the plantation and get a good harvest. The loan would help him a great deal since previously he had to compromise the harvest with intermediaries who take advantage and pay the coffee at a really low price and charge very high interests. Marco's greatest desire is to introduce the use of modern technology into the plantation in order to raise his profits and improve his home's finances. This is his first loan with FAMA and he hopes to make the repayments he committed to do, in time
View original language description ↓
Marco tiene 35 años de edad, es casado y tiene tres hijos, su esposa se dedica a los quehaceres del hogar y a la cría de gallinas, el es un hombre humilde, respetuoso, y muy honrado. Marco comenzó desde hace 20 años el negocio, su padre le enseño a trabajar y como producir café, actualmente se dedica al cultivo de café, le ayuda un trabajador y su horario laboral es de 6:00 am a 2:00 pm. El negocio de producción de café en ciertas temporadas resulta ser muy rentable para Marco ya que cuenta con buenos clientes y le dan un buen precio por el café. El solicita este préstamo para invertirlo en la siembra de mas plantas de cafe y para la compra de fertilizantes, ya que lo necesita para el mejoramiento de la finca para poder obtener una buena cosecha. El préstamo le ayudaría en gran manera ya que anteriormente tenía que comprometer la cosecha con intermediarios los cuales se aprovechan a pagar el café a un bajo precio y cobrar intereses altos. El mayor deseo de Marco es tecnificar la finca para aumentar sus ganancias y así mejorar la economía de su hogar. Este es su primer préstamo en FAMA y espera cumplir puntualmente con el compromiso de sus pagos.

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
  • 32
    View loans »
    Honduras Loans Fundraising
  • $8,199,100
    Funds lent in using Kiva
  • 19.1
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,050 helped Marco Antonio to grow coffee and fertilize the plantation.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Apr 30, 2012
Listed
Jul 1, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 27, 2013