Elsa visited the COMIXMUL cooperative looking for financing, which she will use to purchase supplies that will help her in raising and growing coffee. Her goal is to be able to purchase these supplies and protect her crops, as all of the family's necessities depend on the coffee harvest being secure and free from disease. Her dream is to be able to support her children in their studies so that they can grow up and become professionals and have the tools they need to be life-long entrepreneurs.
Elsa visito la cooperativa COMIXMUL para poder optar a un financiamiento con el cual ella podrá comprar insumos para poder darle mantenimiento a sus cultivos de café.
Su meta es poder comprar los insumos y proteger sus cultivos ya que muchas de sus necesidades dependen de la cosecha de café la cual están manteniendo segura y libre de plagas. Su sueño es poder apoyar a sus hijos en sus estudios para que sean unos profesionales y tengan la herramienta que necesitan para ser personas emprendedoras en la vida.
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.
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