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Rosalina
Rosalina is a young woman, 24 years old, who lives in a common-law marriage and is the mother of four children. She is a farmer and a homemaker. Besides her farm work, she also has a small corner grocery store with which she is able to help her partner cover the household expenses. For example, she covers the costs of electricity and water, while he covers food expenses. She learned to work the land through her father, as her family has long been farmers. This was her only source of income as she grew and expanded her business. Her customers are various middlemen, neighbors, acquaintances, and friends from the area, as well as various other profit [sources] at times.

Today, she is requesting financing from the COMIXMUL cooperative, which she will invest in the purchase of farming supplies such as fertilizers, manure, cleaners and labor costs, since this is how she will strengthen and develop her coffee beans to make them healthy and the right size for sale. Her family's quality of life depends on the income from this, so she hopes that the purchase price of the coffee will enable her to continue investing in expanding her crops.

Her plans for the future include expanding her coffee planting through the purchase of land and the planting of new varieties of coffee such as caturra and others that are more highly compensated in the market.
View original language description ↓
Rosalina es una joven de 24 años de edad en un estado civil de unión libre, madre de 4 hijos dedicada a la agricultura y a los quehaceres del hogar. A parte del trabajo de la agricultura ella tiene un pequeño negocio de pulperia con el cual ayuda a su compañero a cubrir algunos gastos en el hogar como el pago de luz y agua mientras el aporta con la alimentación. Fue gracias a su padre que ella aprendió a trabajar la tierra ya que en su familia la agricultura es una vocación familiar y única fuente de ingresos con los que han podido crecer y sobresalir en su negocio. Sus clientes son los diferentes intermediarios, vecinos, familiares y amigos de la zona así como también los diferentes beneficios en ocasiones.
Hoy en día ella ha solicitado financiamiento a la cooperativa COMIXMUL el cual invertirá en la compra de insumos agrícolas como fertilizantes, abonos, limpieza y mano de obra ya que de esta forma ella podrá fortalecer y hacer que el grano de café se desarrolle sano y con un buen tamaño para su venta ya que la calidad de vida de su familia depende del ingreso de este rubro pues espera que el precio de compra del café pueda beneficiarle en grande para seguir invirtiendo en la ampliación de sus cultivos.
Los planes para el futuro seguir ampliando sus cosechas de café mediante la compra de tierra y la siembra de nuevas plantillas de café como el caturra, el nance entre otros que son mejores pagados en el mercado.

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
  • 39
    View loans »
    Honduras Loans Fundraising
  • $7,989,275
    Funds lent in using Kiva
  • 20.4
    Honduras Lempiras (HNL) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $1,425 helped Rosalina buy fertilizers, cleaners, and labor costs to help her grow coffee.
50% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Dec 18, 2013
Listed
Dec 21, 2013
Currency Exchange Loss:
Possible