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Victalina
Victalina finds herself very happy, very satisfied, and very content. Thanks to the financial assistance from Kiva investors in partnership with the cooperative COMIXMUL, she could buy supplies that were necessary to use on her coffee plants. This allowed for greater and better coverage so that her crops were protected from pests, climate changes, etc. With her first loan, she purchased ten sacks of fertilizer and manual labor to take advantage of the season and cultivate two acres of land. She was able to take part of the harvest so could repay her loan, introduce technology to her farm and make it more productive. Victalina is requesting funding from the cooperative COMIXMUL to buy farm supplies that will allow her to protect and secure the entire farm again. The help will allow her to continue growing as a farmer and small business owner so that she can go achieve her dreams.
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Victalina se encuentra muy feliz, muy satisfecha, muy contenta porque gracias al apoyo financiero por los inversionistas en KIVA en alianza con la cooperativa COMIXMUL ella pudo comprar los insumos que eran necesarios aplicar a sus cultivos de café, dando una mayor y mejor asistencia para que estos estuviesen protegidos de plagas, cambios de clima, etc. En su primer financiamiento compro 10 sacos de abono, pago mano de obra para poder aprovechar el tiempo en un área cultivada de 2 manzanas de tierra con lo que pudo sacar una parte de su cosecha y poder cancelar su crédito de manera que pudo tecnificar y hacerla productiva. Nuevamente Victalina solicita financiamiento a la cooperativa COMIXMUL para poder comprar insumos agrícolas que le permitan proteger y asegurar la plantación en su totalidad agradeciendo nuevamente ser apoyada para seguir creciendo como productora y pequeña empresaria ya que de esa manera ella podrá ir realizando sus sueños.

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.

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About Honduras

  • $4,200
    Average annual income
  • 27
    View loans »
    Honduras Loans Fundraising
  • $8,199,100
    Funds lent in using Kiva
  • 19.7
    Honduras Lempiras (HNL) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $1,475 helped Victalina to buy farm supplies and technological enhancements for her coffee plants.
1% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Feb 17, 2014
Listed
Feb 24, 2014
Currency Exchange Loss:
Possible