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Angela
Thanks to her first loan Angela is very happy because she bought the fertilizers, manures, fungicides and other items which she used to cultivate her strawberry and potato crops. Thus she managed to get a harvest of 70 quintals of first quality potatoes and 15 quintals of second quality, which she sold at a very good price in spite of the drop in the price of potatoes in the local market. Her products were sold to middlemen in the area, people who sell the potatoes at the local and other markets and make it possible for her to sell her produce and make an income.

Angela's mission to meet her goals, hopes and dreams continues now she is up to date with her commitments: supporting the family, buying groceries and clothing as well as other necessities which have to be covered for the family's wellbeing. Based on her paying off the loan promptly, her credibility and her punctual payments, she is asking for a second loan which she will use to start afresh, buying foliar feeds, fertilizers, manure and first quality seed potatoes. She has been able to buy a lot of this with the profits she made but she still needs to prepare the land and do other tasks so that this second crop is worthwhile and makes her very happy.
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Gracias a su primer financiamiento Ángela se encuentra muy contenta y muy feliz porque compro los fertilizantes, abonos, fungicidas entre otros con los que dio asistencia y mantenimiento a sus cultivos de fresa y papa logrando obtener una producción de 70 QQ de papa de primera calidad y 15 QQ de segunda las cuales vendió a muy buen precio a pesar de la baja de precios en el mercado local de dicho producto. Sus productos fueron vendidos a intermediarios de la zona, las personas que venden este producto en los puestos del mercado de la zona entre otros que hicieron posible su venta y los ingresos obtenidos. La lucha de Ángela por cumplir sus metas, esperanzas y sueños sigue ya que ella se puso al día con sus compromisos, el apoyo a su familia, la compra de víveres, vestimenta entre otras necesidades que son necesarias de cubrir para el bienestar. Gracias a la pronta paga, la credibilidad y la puntualidad de pago ella solicito un segundo financiamiento con el cual comenzara de cero comprando foliares, fertilizantes, abono, semilla de papa de primera calidad ya que gran parte de la misma gracias a la ganancia obtenida pudo comprar pero aún queda la preparación de suelo entre otros para que este segundo cultivo sea de provecho y de mucha dicha.

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.

Tags

About Honduras

  • $4,200
    Average annual income
  • 37
    View loans »
    Honduras Loans Fundraising
  • $7,986,350
    Funds lent in using Kiva
  • 20.1
    Honduras Lempiras (HNL) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $1,450 helped Angela to buy agricultural supplies for growing certified seed potatoes.
61% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jan 9, 2014
Listed
Feb 24, 2014
Currency Exchange Loss:
Possible