Check out some available loans that are similar to this one!
Norma Leticia
Norma Leticia is a hard-working woman, entrepreneurial, with many desires to succeed. She is 38 years old, mother of 2 children who live with her and her partner. She has a primary school education and couldn't continue her education because of her parent's lack of economic resources. It was her parents that taught her how to farm a long time ago and still today that is her parent's source of income, as well as hers. The different farming activities are done by the family as they support each other farming, as a family. Her product is bought and sold in the local market on a small scale with different vendors in the area.
Today she seeks help to buy agricultural products that through their application will improve her corn crops and thus she will be able to ensure her harvests and have product to sell at a good price on the local market.
Her plans and goals for the future are to expand her crops buying more land in which she can work as her two children depend on her and she wants to see their dreams come true and be able to study at the university level so that they don't have the same thing happen to them in their youth as happened to her.
View original language description ↓
Norma Leticia es una mujer luchadora, emprendedora y con muchos deseos de superación con 38 años de edad madre de 2 hijos los cuales viven con ella y su compañero de hogar. Ella tiene un grado de educación primario completo y no pudo seguir estudiando por la falta de apoyo económico por parte de sus padres. Fueron ellos los que le enseñaron dicha actividad hace un tiempo y que hasta hoy en día es medio de ingreso para sus padres, para ella y sus hijos. Las diferentes actividades en sus cultivos son elaboradas por la familia ya que juntos son apoyo mutuo en la agricultura como unión familiar. Su producto es comercializado y vendido en el mercado local en pequeña escala con los diferentes vendedores de la zona.
Actualmente ella solicita ayuda para la compra de insumos agrícolas que mediante la aplicación mejoraran sus cultivos de maíz ya que por medio de esto ella podrá asegurar sus cosechas y el producto para poder venderlo a un buen precio en el mercado local.
Sus planes y metas a futuro son de ampliar sus cultivos comprando más tierra en la que ella pueda trabajar ya que de ellos dependen sus 2 pequeños y sus sueño es verlos realizados y estudiados a nivel universitario evitando que no pasen por lo mismo que ella paso en su juventud.

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
  • 84
    View loans »
    Honduras Loans Fundraising
  • $8,841,950
    Funds lent in using Kiva
  • 20.4
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,425 helped Norma Leticia to buy agricultural products for her corn crops.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Sep 26, 2013
Listed
Oct 14, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014