Check out some available loans that are similar to this one!
Alfonso
Alfonso and his family make artisanal cheese from the fresh milk at his small dairy in Tlaxcala, Mexico. The biogas from his Sistema Biobolsa biodigester will allow him to dramatically cut the energy costs of his small workshop. Thier cheeses will be sold at the local markets, and reducing his costs of production will allow him to be more profitable. The organic fertilizer from his biodigester will help improve his production of organic alfalfa and corn that helps support his dairy and his family, and the waste treatment will allow his dairy to be cleaner and healthier. He hopes that this improved productivity of his cheese making will allow him to continue with this tradition, while also reducing his impact on the environment.

Additional Information

More information about this loan

Sistema Biobolsa is a distributor of small-scale, affordable biodigester systems that transform livestock waste into organic fertilizer for crops and biogas for cooking, heat and electricity. The company also provides farmers with education and financial assistance to help them use biodigesters to save money and improve their quality of life.

Sistema Biobolsa’s loan program began in early 2011, built on the fact that economic savings made possible by biodigesters could be used to pay back loans. However, because the company’s core business is not microfinance -- and because its partnership with Kiva is unique and unprecedented -- Kiva is unable to assign it a risk rating.

This Kiva loan will be used to provide borrowers with needed goods or services, as opposed to cash or financial credit

Repayment Schedule Note - For loans listed after June 18, 2013.

Even though the repayment schedule for this loan indicates that all repayments are to be made at the end of the loan term, lenders should expect repayments to be made prior to this time. Biobolsa borrowers are expected to make repayments to lenders as savings are realized from the use of the biodigester. Because these savings can be irregular, seasonal and/or unpredictable, Biobolsa has marked this loan as an end of term repayment schedule to avoid having their borrowers show up as incorrectly delinquent throughout the term of the loan.

About Mexico

  • $11,249
    Average annual income
  • 0
    View loans »
    Mexico Loans Fundraising
  • $17,774,850
    Funds lent in using Kiva
  • 14.0
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,450 helped Alfonso to buy a 20 cubic meter Sistema Biobolsa biodigester.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 14, 2012
Listed
May 31, 2012
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2013