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Maria Mercedes
María is 40 years old, married and a mother to four children. The oldest is in high school while the others are at various stages of primary school. María herself, with a lot of effort, sacrifices and help from her parents, completed primary school. María makes a living growing vegetables such as potatoes, broccoli, radish, lettuce, cauliflower, cucumbers and more. She has been doing this for thirty years, having learned the skills from her parents who did this same work throughout their lives. María is always looking for more opportunities in life. She is not just an agriculturist but has also learned to work as a seamstress, which she does depending on the season.

María is applying for a loan that she will invest in maintaining her vegetable crops as, through this, she will be sure of having a harvest. The loan will allow her to look after the vegetables better.

María's plan for the is to work on her crops with her own capital, which she hopes to earn back 100%, so that she can reinvest and earn more profit. With this she will be able to save in order to support her children with their studies and they will be able to become professionals.
View original language description ↓
Doña María es una mujer de 40 años de edad casada y madre de 4 hijos el mayor cursa la secundaria y los otros dos en la escuela en diferentes grados de educación y un menor de edad. Ella tiene un grado de educación primaria completa la cual con mucho esfuerzo y sacrificio con ayuda de sus padres pudo cursar. Ella se dedica al cultivo de hortalizas como ser: papa, brócoli, rábano, lechuga, coliflor, pepino, etc. desde hace más de 30 años y lo aprendió por medio de sus padres mismos que han practicado esta actividad desde toda una vida. Ella siempre buscando más oportunidades en la vida no solo es agricultora si no también que aprendió el oficio de corte y confección el cual lo practica en su casa por temporadas.

La ayuda que ella solicita hoy en día será utilizada para invertir en el mantenimiento de sus hortalizas ya que de esa manera ella podrá asegurar su cosecha y lograra dar un mejor mantenimiento.

Sus planes a futuro es poder trabajar sus cultivos con un capital propio el cual pueda ser captado en un 100% para re-invertir y que las ganancias sean totales de esa forma ella podrá ahorrar para poder apoyar a sus hijos con sus estudios y que sean unos profesionales.

Additional Information

More information about this loan

These loans are designed for female farmers who produce a variety of products (onion, garlic, eggplant, spinach, mango, strawberries, etc.). Loan terms will vary depending on need, and borrowers can choose to make a "bullet" payment timed with harvest profits. Agricultural loans are considered risky in Honduras due to external forces like unpredictable weather and worldwide crop prices. As a result, many traditional financial institutions are unwilling to offer these loans. With Kiva funding, COMIXMUL will be able to reach more borrowers with agricultural loans tailored to their needs.

About Honduras

  • $4,200
    Average annual income
  • 60
    View loans »
    Honduras Loans Fundraising
  • $8,395,150
    Funds lent in using Kiva
  • 20.2
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,400 helped Maria Mercedes to maintain her potato, cauliflower and broccoli crops.
100% repaid
Repayment Term
22 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
May 29, 2013
Listed
Jun 5, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2014