Check out some available loans that are similar to this one!
Magda Elizabeth
Magda is 34 years of age. She is a determined woman with a great desire to get ahead. At 34 years of age, she is a woman farmer and homemaker, since she has three children from her marriage who study and support their parents with various tasks in the field.

It was her parents who taught her to work the land, since in her family it is a tradition and source of income to cover the needs of her children and her home. She appreciates the support her parents gave her as a child, because thanks to their financial support despite the scarce resources in her home, she was able to complete primary school.

The land that she works is her own. Part of it was acquired with great effort and dedication, and the other part through an inheritance that her parents gave her so that she could work and generate income for her home.

Her dreams are those of being able to expand her coffee crops, planting a better variety of better quality that can be exported to other countries, improving her household finances and generating employment in the area where she lives. As a mother, she would like to support and give her children the opportunity to be able to study so that they can be prepared and offer their families a good example to follow.

She has applied for a loan with which she will buy agricultural inputs like compost, fertilizers, fungicides, insecticides, etc. that will make her crops better and more protected from sickness and disease.
View original language description ↓
Doña Magda tiene 34 años de edad ella es una mujer luchadora y con muchos deseos de salir adelante. Con sus 34 años de edad ella es una mujer agricultora y ama de casa por lo que de su matrimonio tiene 3 hijos los cuales estudian y apoyan a sus padres en las diferentes actividades del campo a desarrollar. Fueron sus padres quienes le enseñaron a trabajar la tierra ya que en su familia es una tradición y una fuente de ingresos para cubrir las necesidades de sus hijos y de su hogar. Ella agradece el apoyo que sus padres le brindaron de niña ya que gracias al apoyo financiero a pesar de la poca economía que fluía en su hogar ella pudo cursar la primaria completa. La tierra que trabaja es propia la cual han adquirido una parte con gran esfuerzo y dedicación y la otra por medio de una herencia que sus padres le dieron para que trabajara y generara ingresos para su hogar.

Sus sueños son los de poder expandir sus cultivos de café sembrando una mejor variedad y de mejor calidad que pueda ser exportado a otros países mejorando la economía de su hogar y generando empleo en la zona donde ella habita. Como madre apoyar y dar la oportunidad a sus hijos de poder estudiar para que ellos puedan prepararse y ofrecer a sus familias un gran ejemplo de educación a seguir. Por lo que ella ha solicitado un financiamiento con el cual comprara insumos agrícolas como abono, fertilizantes, fungicidas, plaguicidas, etc. que aran de sus cultivos mejores y mayormente protegidos de plagas y enfermedades.

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.

Tags

About Honduras

  • $4,800
    Average annual income
  • 96
    View loans »
    Honduras Loans Fundraising
  • $8,682,550
    Funds lent in using Kiva
  • 20.4
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Magda Elizabeth to buy agricultural inputs to maintain her coffee crop.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Sep 17, 2013
Listed
Sep 21, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2014