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Jose Gregorio
Well-known locally for the quality of their produce, José Gregorio (pictured on the left with his three sons) and his family want to reduce their production costs. Their 6 cubic meter Sistema Biobolsa biodigester will allow them to completely supplant expensive agrochemical fertilizer with the waste produced by his cows and pigs. The resultant potent organic fertilizer will be used on his maize, wheat, and squash crops. The biodigester will also produce biogas allowing him to reduce the use of non-renewable LP Gas in cooking and heating bathwater. This Kiva loan represents 68% of the total value of his system.

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
  • 96
    View loans »
    Mexico Loans Fundraising
  • $19,574,250
    Funds lent in using Kiva
  • 12.8
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped Jose Gregorio to purchase a 6 cubic meter Sistema Biobolsa biodigester.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Sep 27, 2012
Oct 25, 2012
Currency Exchange Loss:
Aug 18, 2013