Their plans and goals for the future are to grow greater production, which will improve both their income as well as the well being and future of their children. She plans to plant a variety of vegetables which she will sell to friends and neighbors and other customers at her store, as well as larger purchasers and middlemen that come to the area. She is requesting this financing through the COMIXMUL cooperative, which she will use to inject capital into her farming by acquiring fertilizer, herbicides, pesticides, and other supplies for growing cauliflower, broccoli, and others new crops.
Sus planes y metas a futuro es poder cultivar una mayor producción la cual mejore sus ingresos para el bienestar y el futuro de sus hijos ya que ella planea sembrar una mayor variedad de hortalizas ´para poder vender a sus vecinos, amigos entre otros que visitan su negocio diariamente como también a los compradores o intermediarios que llegan a la zona. Es por ello que ha solicitado un financiamiento a la cooperativa COMIXMUL con el cual comprara e inyectara capital en sus cultivos en la adquisición de insumos como: coliflor, abono, curion, cionter, brócoli, manzate, entre otros para cultivar y dar asistencia a los mismos.
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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