Now Doña Elsa is applying for a second loan, which she will invest in preparing the land and strengthening the plants, since once the coffee has been pruned, it tends to deteriorate. She will also pay for labor to weed her plantings.
Doña Elsa is sure that the financing she has applied for is a big help, and for that reason she hopes to be supported again, since thanks to this she can strengthen her plantings of coffee and be able to aspire every day to more in life, since the investment is reasonable and is directed to a necessity.
Doña Elsa está segura que el financiamiento solicitado es un gran apoyo por lo que espera ser nuevamente apoyada ya que gracias al mismo ella puede fortalecer sus cultivos de café y poder aspirar cada día a más en la vida ya que la inversión es justa y dirigida a la necesidad.
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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This loan has been fully funded!