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Catalina
Catalina (pictured with her husband) and her family raise cows in an increasingly urban zone. The odors and flies associated with the resultant manure causes friction between her and her neighbors and also represent a wasted opportunity. With her 8 cubic meter Sistema Biobolsa biodigester, Catalina will be able to process that waste to produce renewable biogas and potent organic fertilizer. Both of these resultant products will save her money, provide her with valuable resources, and help her reduce her impact on the environment. Concurrently, the system will dramatically reduce the presence of flies and odors on her farm - a welcome change for the neighbors. This loan represents 48% of the total cost of her Sistema Biobolsa loan.

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
  • 8
    View loans »
    Mexico Loans Fundraising
  • $17,731,700
    Funds lent in using Kiva
  • 13.1
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Catalina to purchase an 8 cubic meter Sistema Biobolsa biodigester.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 26, 2012
Listed
Nov 5, 2012
Currency Exchange Loss:
Covered
Ended:
May 24, 2013