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Juan Carlos
Juan Carlos, pictured with his wife, is a farmer from Morelos who cares about the environment. When he decided to open a new slaughterhouse in his municipality, there was significant concern over the waste and odors that would be generated from the blood and manure. Historically, farmers in the region have dumped their waste wherever convenient, polluting watersheds and hurting local biodiversity. Juan Carlos wanted to avoid that and is investing in his Sistema Biobolsa biodigester to make sure he doesn't do the same. He will process the waste produced by his slaughterhouse to generate high quality biofertilizer and renewable, methane-rich biogas, reducing his impact on multiple levels: reduced agrochemical fertilizer usage, reduced fossil fuel use, and mitigation of environmental damage caused by properly treating the waste produced on his site. This loan represents 55% of the total price of his system.

Additional Information

More information about this loan

This loan is larger than typical loans offered by this partner. It is designed to finance the installation of Sistema Biobolsa biodigesters at larger farms using generators to produce electricity and offset their energy costs. These types of loans cover the purchase of one or several biodigesters, averaging around $8,000 with a loan repayment maximum of 12 months.

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
  • 1
    View loans »
    Mexico Loans Fundraising
  • $17,777,925
    Funds lent in using Kiva
  • 12.3
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A loan of $7,950 helped Juan Carlos to purchase a 120-cubic-meter Sistema Biobolsa biodigester.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 6, 2013
Listed
May 24, 2013
Currency Exchange Loss:
Covered
Ended:
Mar 17, 2014