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Norma
Norma is a 24-year old young woman who is very hard-working and a visionary. She has a strong will to surpass herself and get ahead as a single mother of two minor children. Her mother takes care of the kids while she goes to the land to work with her brother and father. Due to a lack of financial resources, she did not finish primary school and left her studies when she was in 4th grade. She comes from a poor family and her parents taught her to work in the land when she was a little girl. Her parents, grandparents and the rest of the family have always worked in the cultivation of coffee. She now has 5 years of experience and learns from her very experienced family members. The land where they work is hers as it was inherited, and is located 40 minutes away from her house.

Norma is requesting a loan to the cooperative COMIXMUL to buy fertilizer for coffee plantations, so that she will be able to obtain a healthy crop and sell it entirely afterwards. Her goal is to increase and improve the production so that it includes other products, such as corn, beans, etc. This would help her to meet her dream of improving the life conditions of her children, provide them with education and buy another piece of land to keep cultivating.
View original language description ↓
Norma es una joven de 24 años de edad luchadora, visionaria, con muchos deseos de superarse y de salir adelante madre soltera de 2 hijos quienes son menores de edad y deja al cuidado de su madre ya que ella se desplaza al campo a trabajar junto a su hermano y su padre. Ella tiene un grado de estudio primaria incompleto cursado hasta el 4 grado ya que por la falta de apoyo económico de sus padres no pudo seguir estudiando ya que ella desciende de una familia humildemente económica. Fueron sus padres los que le enseñaron a trabajar la tierra desde muy pequeña ya que por vocación familiar sus padres, abuelos y demás se han dedicado al cultivo de café. Ella tiene mucha experiencia ya que por más de 5 años se ha dedicado al cultivo de café y en compañía de personas experimentadas como lo son sus familiares. El terreno que ella junto a su familia trabaja y cultiva es propio ya que fue una herencia por parte de sus padres el cual está ubicado a 40 minutos de camino desde su casa de habitación diariamente para su asistencia y otros que hacen de su cultivo productivo.
Norma solicita financiamiento a la cooperativa COMIXMUL para la compra de abono y fertilizantes para su cultivo de café ya que por medio de estos podrá obtener una cosecha sana y la podrá aprovechar al 100% para su posterior venta.
Sus metas poder ampliar y cultivar una mejor variedad que incluya otros tipos de productos como ser: maíz, frijoles, etc. que ayuden a cumplir sus sueños como los de mejorar la condición de vida para sus hijos, apoyarlos en sus estudios, y comprar un pedazo más de tierra para poder seguir cultivando.

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
  • 26
    View loans »
    Honduras Loans Fundraising
  • $8,349,000
    Funds lent in using Kiva
  • 20.5
    Honduras Lempiras (HNL) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $1,425 helped Norma to buy farming supplies for her coffee plantations.
50% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Nov 27, 2013
Listed
Dec 3, 2013
Currency Exchange Loss:
Possible