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Ma Mercedes
Mercedes is a very capable and hard-working woman. She is in a common-law relationship and has 6 children. They live in their own house. She studied until Grade 2. Due to the lack of financial support from her parents she couldn't complete her primary school studies.

She works in agriculture growing coffee. For more than 11 years she has been involved in this activity along with her partner. He taught her to work the land. Their crops and house are on the same land, so she was interested to watch her husband carry out the process until the harvest of each year. Her clients are neighbors, family, friends and middlemen who live in the area or arrive to purchase a product that is considered to be of high quality. One challenge for the small farmer is the rise in prices of supplies that they use to assist their crops plus the costs to transport the supplies to her house.

At present she is requesting a loan to buy the agricultural supplies needs to assist and maintain her coffee crops. Her goals are to finish a cement structure to dry and clean the grains once harvested. She dreams of forming a coffee producers cooperative in the area to commercialize the coffee beans in other parts of the world so they can enjoy their quality.
View original language description ↓
Doña Mercedes es una señora muy capaz y muy trabajadora, acompañada la cual en compañía de su pareja y sus 6 hijos quienes viven bajo su techo trabaja en la agricultura siembra y cultivo de café. Ella tiene un grado de estudio primario incompleto cursado hasta el 2 grado que por la falta de apoyo económico por sus padres no pudo completar su primera fase estudiantil. Tiene más de once años de dedicarse a esta actividad en compañía de su pareja ya que fue el quien le enseñara a trabajar ya que el terreno donde están ubicados sus cultivos de café está en la misma propiedad donde está construida su casa de habitación por lo que esto permitió que ella se interesara más al ver a su pareja desarrollar el proceso para al final de cada temporada vender el grano de café. Sus clientes son sus vecinos, familiares, amigos e intermediarios que viven y llegan a la zona para adquirir el producto el cual es considerado de muy buena calidad. Como desafío presentado como pequeña agricultora es el alza de precios en cuanto a los insumos que son utilizados para asistir sus cultivos más el acarreo del mismo desde el lugar de compra hasta su casa de habitación.
Por lo que hoy ella solicita financiamiento para la compra de insumos agrícolas con los cuales dará asistencia y mantenimiento a sus cultivos de café.
Sus metas poder llevar a cabo la construcción de una plancha de cemento para poder secar y lavar el grano una vez recolectado. Sus sueños formar una cooperativa de productores de café en la zona para poder llevar a cabo la gestión del grano de café en otros lugares del mundo y que conozcan la calidad.

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
  • 90
    View loans »
    Honduras Loans Fundraising
  • $8,676,100
    Funds lent in using Kiva
  • 20.5
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Ma Mercedes to buy agricultural supplies to assist her coffee crops.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Dec 7, 2013
Listed
Dec 9, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 19, 2015