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Erlin Maria
Thanks to the first loan granted to her by the COMIXMUL cooperative along with the lenders from Kiva, Erlin was able to buy the supplies that she needed to protect her coffee crops from infestations which might have damaged her crops. She bought fertilizer, manure, foliar sprays to help her crops. Also part of the loan was used for supplies destined for a tomato plot where she grew about 500 square meters of tomato plants. She got an excellent harvest which helped her pay off her first loan. She sold them for a very good price in the market and received more than she was expecting.

Erlin is very grateful to be considered by COMIXMUL offering her this kind of financial support. She has now requested a second loan in order to once again plant tomato crops and invest another part of the loan for her coffee crops. Then at harvest time she can get the profits she anticipates and continue to enjoy these benefits.
View original language description ↓
Gracias al primer financiamiento brindado por la cooperativa COMIXMUL en alianza con los inversionistas en KIVA, Erlin pudo comprar los insumos que sus cultivos de café necesitaban para estar protegidos de plagas entre otros que podían haber perjudicado sus cultivos. Ella compro fertilizantes, abono, foliares con lo que pudo asistir sus cultivos de café pero también parte de estos insumos los destino a una tomatera con la que pudo también asistir 8 tareas cultivadas de tomate logrando obtener una excelente cosecha con la que pudo cumplir con su primer compromiso vendiéndola a muy buen precio en el mercado obteniendo más de lo esperado. ella se encuentra muy agradecida por ser tomada en cuenta por la cooperativa COMIXMUL al brindarle esta clase de apoyo financiero por lo que ella nuevamente ha venido para solicitar un segundo financiamiento con el fin de poder cultivar nuevamente una tomatera e invertir otra parte en sus cultivos de café para que al final de la cosecha poder obtener las ganancias esperadas y seguir gozando de estos beneficios.

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

  • $4,200
    Average annual income
  • 27
    View loans »
    Honduras Loans Fundraising
  • $8,239,325
    Funds lent in using Kiva
  • 20.4
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,425 helped Erlin Maria to plant a new tomato plot and another part of the loan for her coffee crops.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Nov 1, 2013
Listed
Nov 5, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014