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Jenny Margoth
Jenny Margoth completed her secondary education. When she finished her studies, she was able to graduate as a teacher. She is married and has two children, who are in different grades in high school. Upon leaving her school activities, she heads out to the field with her husband to exercise her second job, agriculture.

Thanks to effort and good administration, they have been able to get their business ahead. With the profits, they have been able to provide their children with a better quality of life. They have given them the opportunity to go to school and to prepare for the university in the future.

The land that she works with her husband is their own. They are grateful to God for the opportunity of having provided another achievement in her life to generate income and enrich her children’s inheritance.

Their customers are the grocery stores, neighbors, and intermediaries that come to the area to get the product at the end of each harvest.

She has requested a loan from the COMIXMUL cooperative to buy 1,000 pounds of coffee formula, 1,200 pounds of urea, and 1,200 pounds of fertilizer. She will use these on her crops and protect them from pests and insects that destroy this product.

The plans for the future are to expand her coffee crops by improving the planting and planting a variety of different products. She will also satisfy some customer needs such as the demand that she currently manages. She will do this in order to provide better service and to give her children a better quality of life and an education.
View original language description ↓
Doña Jenny Margoth tiene un grado de educación secundario completo por lo que al terminar sus estudio ella pudo graduarse como maestra de educación, ella es casada y madre de 2 hijos los cuales cursan la secundaria en diferentes grados de educación. Junto a su esposo al salir de sus actividades escolares se dirige hacia el campo para ejercer su segundo trabajo la agricultura que gracias al esfuerzo y la buena administración han podido sacra su negocio adelante y poder de las ganancias proveer una mejor calidad de vida a sus hijos dándoles la oportunidad de estudiar y de que ellos en un futuro se preparen a nivel universitario. La tierra que en compañía de su esposo trabajan es propia y agradecen a DIOS por la oportunidad de haberles brindado este logro más en su vida para generar ingresos y enriquecer el patrimonio para sus hijos. Sus clientes son las bodegas, vecinos e intermediarios que llegan a la zona para la adquisición del producto al final de cada cosecha.
Ella ha solicitado un financiamiento a la cooperativa COMIXMUL para la compra de 10 QQ de formula cafetalera, 12 QQ de urea y 12 QQ de fertilizante con lo que podrá aplicar a sus cultivos y protegerlos de plagas y bichos que deterioran este producto.
Los planes a futuro son los de ampliar más sus cultivos de café por medio de la siembra, mejorando y sembrando una variedad diferente del producto como también satisfaciendo algunas necesidades en sus clientes como la demanda que actualmente maneja para dar un mejor servicio y darle a sus hijos una mejor calidad de vida y educación.

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
  • 86
    View loans »
    Honduras Loans Fundraising
  • $8,673,875
    Funds lent in using Kiva
  • 20.4
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,425 helped Jenny Margoth to buy agricultural supplies for her coffee crops.
100% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Oct 18, 2013
Listed
Oct 24, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 27, 2015