Check out other loans that are currently fundraising!
Rosalina
Rosalina had previously requested a loan for the maintenance of her coffee crop. This was provided thanks to the different contributions and all of the lenders that make the requested amount possible to get. This was invested in the purchase of all types of fertilizer like organic, nitrate, urea, and coffee formula, which were needed for the maintenance and protection of her coffee crops. This way, at the end of the season her objective of getting a good quantity of 40 loads of coffee was achieved. They were sold at a very good price. With the money obtained, she was able to make her payments on time as scheduled.

Rosalina is currently requesting a new loan to continue investing in her parcels, which are five ‘manzanas’ [a manzana is a land measurement unit equivalent to 7000 square meters or 1.728 acres] of coffee. This field of work is the best and only source of income for her family’s and her household’s well-being.
View original language description ↓
Doña Rosalina anteriormente había solicitado financiamiento para el mantenimiento de sus cultivos de café el cual fue brindado gracias a las diferentes aportaciones en la plataforma y todos los inversionistas que hicieron posible que la cantidad solicitada fuera recaudada. Este fue invertido en la compra de todo tipo de fertilizantes como ser: abono, nitrato, urea, y formula cafetalera necesarios para el mantenimiento y protección de sus cultivos de café y así al final de la temporada lograr su objetivo obteniendo una buena cantidad de 40 cargas de café oro las cuales fueron vendidos a muy buen precio y con el dinero obtenido poder cancelar su compromiso de pago en tiempo y plazo solicitado. Actualmente Doña Rosalina está solicitando un nuevo financiamiento para seguir invirtiendo en sus parcelas de café las cuales son 5 manzanas ya que este rubro es la mejor y única fuente de ingresos para el bienestar de su familia y hogar.

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
  • 22
    View loans »
    Honduras Loans Fundraising
  • $8,201,950
    Funds lent in using Kiva
  • 19.3
    Honduras Lempiras (HNL) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $1,475 helped Rosalina to buy supplies once again to care for her coffee crop during this new season.
0% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Mar 18, 2014
Listed
Mar 26, 2014
Currency Exchange Loss:
Possible