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Alba Luz
Alba Luz is 25 years old. She is enterprising, a fighter, single, and the mother of a son who is young and lives at home with her parents. She attended a year of primary school, but she was not able to continue studying since her parents lacked resources and they were not able to continue supporting her. Thanks to her parents, she learned to farm potatoes. Seven years ago, she was also able to add to her knowledge with trainings received at a study center in her community. She also works selling food on Sundays. Everyday, she looks to improve her family's living conditions and secure a future for her son. Her crops are located close to her home, so it is easier to care for them and attend them permanently.

Alba Luz says her only challenge is the increase in the cost of the supplies that she uses to care for her crops. This is why she is requesting a loan to purchase farm supplies that will help her protect her crops from plagues so that at the end of the season she will be able to obtain a good harvest. With this purchase, she plans to expand her crops, offer more to her customers, and generate more income for her family. Her dream is to be able to give her son a good education and a better quality of life.
View original language description ↓
Alba Luz es una joven de 25 años de edad, emprendedora, luchadora, soltera y madre de un hijo el cual es menor de edad y vive en casa junto a sus padres. Ella tiene un grado de educación primaria completo pero no pudo seguir estudiando ya que sus padres de escasos recursos no pudieron seguirle apoyando. Ella gracias a sus padres aprendió el trabajo de la agricultura aprendiendo a sembrar hortalizas (papa) desde hace 7 años pudiendo también reforzar sus conocimientos por medio de capacitaciones recibidas en un centro de estudio ubicado en la comunidad. Ella también se dedica a la venta de comida los días domingos buscando cada día mejorar las condiciones de vida de su familia y principalmente asegurar el futuro para su hijo. Sus cultivos de hortaliza están ubicados cerca de su casa de habitación por lo que le es más fácil atender sus cultivos y poder asistirlos de manera permanente.
Alba Luz ve como único desafío el incremento en los precios de los insumos que ella utiliza para asistir sus cultivos de hortalizas por lo que hoy en día solicita financiamiento para la compra de insumos agrícolas que ayudaran a mantener sus cultivos protegidos de plagas y al final de la temporada poder obtener una buena cosecha.
Con esta compra ella planea extender un poco más sus cultivos, ofrecer más a sus clientes y generar mayores ingresos para su familia ya que sus sueños son los de poder darle a su hijo una buena educación y una mejor calidad de vida.

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
  • $8,199,100
    Funds lent in using Kiva
  • 20.5
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A loan of $275 helped Alba Luz to purchase farm supplies to help her potato crops.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Nov 14, 2013
Listed
Nov 18, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 26, 2014