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Hilda
Doña Hilda is 44 years old. Thanks to her first loan, she was able to support the cultivation of her coffee. She was able to buy coffee formula, growth formula, and urea, among other things that helped to protect her crop. As a result she produced good coffee beans that she could then sell to make a profit. Thanks to this she was able to sell a portion of the beans to the different buyers and middlemen in the area and completely repay her loan. She is grateful for the support offered by the many lenders on the Kiva platform that is in partnership with the COMIXMUL cooperative.

Doña Hilda is again requesting a second loan that she will use to buy fertilizers and pay for manual labor to clear her property and the crops. This is necessary because after the plants are cut the property is left with the deteriorating crop, which makes it necessary to attend to it so as to be able to harvest an excellent crop this season.
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Doña Hilda de 44 Años de edad gracias a su primer financiamiento pudo asistir sus cultivos de café logrando comprar formula cafetalera, fórmula para crecimiento, urea entre otros que ayudaron a dar protección a la plantación para ´posteriormente recolectar un buen grano para su venta el cual trajo ganancias. Gracias a ello ella pudo vender una parte del grano a los diferentes compradores de la zona e intermediarios y cancelar su compromiso en su totalidad por lo que agradece el apoyo brindado por los diferentes inversionistas en la plataforma KIVA en alianza con la cooperativa COMIXMUL.
Nuevamente Doña Hilda solicita su segundo financiamiento el cual será utilizado para la compra de fertilizantes y el pago de mano de obra para limpieza de la propiedad y la planta la cual es necesaria ya que después del corte la planta y la propiedad quedan deterioradas por lo que es necesario asistir nuevamente para poder sacar una excelente cosecha para esta temporada.

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
  • 30
    View loans »
    Honduras Loans Fundraising
  • $8,146,250
    Funds lent in using Kiva
  • 19.6
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Hilda to buy agricultural inputs and pay for manual labor to help in cultivating coffee.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Feb 19, 2014
Listed
Feb 28, 2014
Currency Exchange Loss:
Possible
Ended:
Mar 19, 2015