She has requested financing from the communal bank COMIXMUL. She will use it to buy agricultural supplies for her corn and bean crops. With these supplies, she will have a better harvest and can protect her final products from pests and bugs.
Her future plan is to cultivate a better variety of coffee. In this way, she will be able to make better profits from farming. She can also continue supporting her children in their studies and with other necessities they may require in the future.
Ella ha solicitado a la cooperativa COMIXMUL un financiamiento con el cual comprara insumos agrícolas para su cultivo de maíz y frijoles con los cuales busca obtener una mejor cosecha y asegurar el producto final de plagas y bichos.
Los planes a futuro son los de poder cultivar una mejor variedad de café ya que de esta forma ella podrá obtener mejores ingresos con la agricultura y seguir apoyando a sus hijos en sus estudios y demás necesidades que se presenten en un futuro.
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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