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Angelina
Thanks to the financing brought by various investors on Kiva's platform, and in alliance with the COMIXMUL cooperative, Angelina bought supplies, including 20 bags of fertilizer, that she needed to attend to her coffee crops and pay for day labor to clean her farm. Thanks to this first loan, she was able to protect her crops to keep them from being exposed to leaf rust. In these days this has been affecting coffee crops and has destroyed crops on other coffee producers' lands.

She is very grateful for the support because her crops were not affected and she reached her goal, thus allowing her to pay her loan off. She is now hoping again to be hoped by these investors because she is requesting a second loan to attend to her crops. This is because her plants were a little worn by the soil after being cut and she needs to recuperate these crops for the coming season.
View original language description ↓
Gracias al financiamiento brindado por los diferentes inversionistas en la plataforma de KIVA en alianza con la cooperativa COMIXMUL doña Angelina compro los insumos (20 sacos de abono entre otros) que necesitaba para asistir sus cultivos de café, así como también el pago de mano de obra para limpiar su finca. Gracias a su primer financiamiento ella logro dar protección a sus cultivos evitando que estos estuvieran expuestos a la roya que para ese tiempo andaba afectando los cultivos de café y destruyo algunos en la zona de otros productores. Ella se encuentra muy agradecida por el apoyo ya que gracias a ello sus cultivos no fueron afectados y logro su meta pudiendo de esa manera pagar su compromiso de pago y esperando nuevamente ser apoyada por los diferentes inversionistas ya que en esta ocasión solicita un segundo financiamiento con el cual asistirá nuevamente sus cultivos ya que después de la corta las plantas quedaron un poco deterioradas, la tierra sucia por lo que necesita recuperar nuevamente sus cultivos 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.

About Honduras

  • $4,200
    Average annual income
  • 28
    View loans »
    Honduras Loans Fundraising
  • $8,247,900
    Funds lent in using Kiva
  • 19.4
    Honduras Lempiras (HNL) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $1,500 helped Angelina to buy agricultural supplies to attend to her coffee crops this season.
3% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Mar 4, 2014
Listed
Mar 20, 2014
Currency Exchange Loss:
Possible