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Elsa
Elsa is 37 years old, married, and a hard-worker who gets up fighting every single day to carry out her daily tasks. Her work starts with preparing meals for her three children who go to school, and then later, with her husband, she focuses on raising coffee to make their living. She has three years of primary education, but couldn't do any more as her parents could not economically support it. Her parents were the ones who taught her from a young age to work the land and grow corn, beans, and coffee above all, the latter crop being the only one that earns her family income. The land that she and her husband work is theirs thanks to a family inheritance, and it is located fifteen minutes from the road.

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.
View original language description ↓
Elsa es una señora de 37 años de edad casada, luchadora que día a día se levanta a sus quehaceres diarios como también a preparar la alimentación de sus 3 hijos para que asistan a la escuela y posteriormente en compañía de su esposo se dirigen a sus cultivos de café para dar mantenimiento y asistencia. Ella cuenta con tres años de educación primaria ya que no pudo seguir estudiando por la falta de apoyo económico por parte de sus padres. Fueron ellos los que le enseñaron a muy temprana edad a trabajar la tierra en lo que es maíz, frijol; pero principalmente café ya que es su única actividad por la cual reciben ingresos económicos. La tierra que ella y su esposo trabajan es propia gracias a una herencia familiar y está ubicada a 15 minutos de camino.

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.

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

  • $4,800
    Average annual income
  • 89
    View loans »
    Honduras Loans Fundraising
  • $8,676,100
    Funds lent in using Kiva
  • 20.3
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Elsa para la compra de insumos para el mantenimiento de sus cultivos de café.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jun 27, 2013
Listed
Jun 30, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2014