Check out some available loans that are similar to this one!
Norma Leticia
Norma is very happy as, thanks to the loan provided by Kiva investors and "COMIXMUL", she was able to buy farming supplies such as manure and fertilisers. These helped her corn crops significantly and it was good for Norma to know that, at the end of the harvest, she would have excellent results. Norma had around 15 loads of corn and beans at harvest and she was able to sell them at a very good price at the market. This gave her a higher income for her family and to pay off her loan. Norma is now applying for a second loan, which she will use to sow more and expand her corn crops. She will take advantage and buy farming supplies which will help her to keep her crops clean and protected. Norma hopes that she will be supported by Kiva investors, so that she can achieve her targets, hopes and dreams.
View original language description ↓
Norma se encuentra muy feliz y muy contenta porque gracias al financiamiento brindado por los inversionistas en la plataforma de KIVA en alianza con la cooperativa COMIXMUL pudo llevar a cabo la compra de insumos y suministros agrícolas como: abono, fertilizantes, entre otros que ayudaron a sus cultivos de maíz lo cual fue muy provechoso y agradable al saber que al final de la cosecha obtendría excelentes resultados. Ella pudo obtener alrededor de 15 cargas de maíz y frijol las cuales pudo vender a muy buen precio en el mercado logrando generar ingresos para su familia y para el compromiso de pago con dicha institución. Hoy en día solicita un segundo crédito con el cual sembrara la postrera logrando extender sus cultivos de maíz y aprovechar la compra de insumos agrícolas que ayudaran a mantener limpios y protegidos los mismos esperando nuevamente ser apoyada por los diferentes inversionistas en la plataforma de Kiva para poder cumplir sus metas, esperanzas y 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.

Tags

About Honduras

  • $4,200
    Average annual income
  • 20
    View loans »
    Honduras Loans Fundraising
  • $8,225,225
    Funds lent in using Kiva
  • 19.4
    Honduras Lempiras (HNL) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $1,500 helped Norma Leticia to buy supplies and sow more corn.
0% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Mar 4, 2014
Listed
Mar 14, 2014
Currency Exchange Loss:
Possible