Marta has asked for a loan with which she plans on buying 2,300 units of seedlings (little coffee plants). She will also buy 5 quintals of urea, 5 quintals of 12-24-12 formula and 5 quintals of 18-25-0 formula. Another part of it will be used to prepare a parcel of land she has to plant the seedlings.
One of Marta's dreams is for her daughter to graduate so she can become independent. for her business, she hopes to be able to plant the coffee so that in the future it will generate earnings which she will invest in expanding her business so she can build assets for her two children. .
Doña Marta ha solicitado un financiamiento con el cual planea comprar chapola 2300 unidades (plantitas de café), también comprara 5 QQ de urea, 5 QQ de fórmula 12-24-12 y 5 QQ de fórmula 18-26-0 y otra parte la destinara para la preparación de una parcela de tierra donde sembrara la chapola.
Uno de los sueños de doña Marta es graduar a su hija para que se pueda valer por sí misma, con respecto a su negocio espera lograr sembrar el café para que a futuro le genere ganancias las cuales invirtiera para ampliar su negocio y así lograr construir un buen patrimonio para sus dos hijos.
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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