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Martha Lidia
Doña Martha Lidia says that she was very pleased with her last loan. She used the money to buy10 sacks of manure and to pay a laborer who helped her spread the manure on her land, work that was needed to prepare the land for a new coffee crop. She hopes the investment will ensure that the new crop will be a good one.

Doña Martha is now applying for a second loan that she will use to buy more land and plant more coffee. The help that she has received from the COMIXMUL cooperative and KIVA lenders has allowed her to increase her output of coffee and, in turn, her income and quality of life. She says that the COMIXMUL cooperative has been a great help to her and she is committed to repaying the loan because without the cooperative's help, she won't be able to continue growing her business. She hopes future borrowing will allow her to buy still more land, an investment that will improve her life and the lives of her children.
View original language description ↓
Doña Martha Lidia se encuentra muy feliz y agradecida con Dios por haber en su primer financiamiento comprado 10 sacos de abono y haber pagado mano de obra calificada para limpieza de sus cultivos de café, aplicando el abono comprado ya que el área que ella pudo asistir es de 2 Manzanas cuadradas con la meta, la fe y la esperanza de lograr obtener una buena cosecha de esta temporada.

Por lo que hoy solicita un segundo financiamiento para poder ir cumpliendo con sus metas y sus sueños de poder seguir ampliando más sus cultivos de café mediante la compra de ½ Manzana más de tierra ya cultivada con café ya que gracias al apoyo recibido por la cooperativa COMIXMUL en alianza con los inversionistas en KIVA ella ha podido mejorar su calidad de vida ya que su producción de café aumentara y el patrimonio igual por lo que sus ingresos económicos serán mayores. Ella considera que la cooperativa COMIXMUL ha sido el mejor apoyo que ha recibido por lo que está muy comprometido a no quedar mal como beneficiaria ya que sin el apoyo de COMIXMUL ella se sentía sin esperanza de crecimiento económico. Debido a dicha institución sus metas a futuro es recibir más apoyo y poder comprar más terrenos para seguir cultivando y así mejorar las condiciones de vida de sus hijos y así puedan salir adelante, aprender a trabajar lo propio y valorarlo.

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.

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About Honduras

  • $4,800
    Average annual income
  • 66
    View loans »
    Honduras Loans Fundraising
  • $8,799,175
    Funds lent in using Kiva
  • 20.4
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,425 helped Martha Lidia to buy land for her coffee business.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Oct 30, 2013
Listed
Nov 8, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2014