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Gonzalo
Gonzalo, from a small, tight-knit community in Central Puebla, is proud of his farm and wants to add a Sistema Biobolsa biodigester to increase his efficiency and sustainability. Raising cattle and tending his crops represent his family’s only income source and it has been this way for generations.

Gonzalo, who inherited the farm from his own parents, involves his children in the business, assuring the transmission of knowledge and tradition. With the lives of his family so intrinsically tied to the land, Gonzalo knows the importance of taking care of it. With his Sistema Biobolsa purchased with this Kiva loan, he will be able to more effectively treat and use his animal waste, drastically reduce agrochemical fertilizer usage, benefit from biogas, and show his children that it is possible to implement sustainable technology while concurrently preserving the culture and tradition of the small-family farm.

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

  • $15,600
    Average annual income
  • 19
    View loans »
    Mexico Loans Fundraising
  • $18,764,025
    Funds lent in using Kiva
  • 13.8
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,675 helped Gonzalo to purchase a 12 cubic meter Sistema Biobolsa biodigester.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jul 24, 2012
Listed
Jun 29, 2012
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2013