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Angelica
Sra. Angélica is 35 years old. She has a partner and a son. For ten years she has earned her living in agriculture, growing mainly coffee. She learned about farming from her partner and his parents who have been farmers all their lives. Angélica completed primary school as far as grade five. She is grateful to her parents for their support.

Coffee is a delicate product and if you don't treat it correctly at the right time, you risk losing your whole crop. For this reason Angélica has asked for a loan from the COMIXMUL Cooperative to buy 15 bags of fertilizer and to pay laborers to apply it and look after the land. She also plans to buy 200 cans of coffee which she will use to improve and obtain an excellent harvest in this new coffee-growing season.

Angélica's longterm goals are to expand her coffee fields by buying more land, sow a more competitive type of coffee, and use technology to assess her product. Her dreams are to provide her family with a better quality of life, better educational opportunities than she had as a child, and send her son to university so he can becomes a man of means.
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Doña Angélica tiene 35 años de edad está acompañada y tiene un hijo. Cuenta con 10 años de dedicarse a la agricultura siendo su especialidad el cultivo de café. Ella aprendió dichas actividades en compañía de su pareja y de sus padres ya que ellos han sido desde toda una vida agricultores. Tiene un grado de educación primaria incompleto el cual pudo cursar hasta el quinto año y agradece el apoyo brindado por sus padres. En la agricultura especialmente con el café es un producto delicado y de no tratarse a tiempo con los insumos necesario puede perderse la cosecha completa.
Es por ello que ha solicitado un financiamiento a la cooperativa COMIXMUL con el cual planea comprar 15 sacos de abono, pago de mano de obra para la aplicación y mantenimiento de sus cultivos, así como también la compra de 200 latas de café lo cual utilizara para mejorar y tener una excelente cosecha en esta nueva temporada con el café. Sus metas a largo plazo son las de ampliar sus cultivos de café con la compra de más tierra, sembrar una variedad de café más competitiva y tecnificar sus cultivos. Sus sueños es mediante a los ingresos darle a su familia una mejor calidad de vida, mejores oportunidades de estudio de las que ella tuvo en su juventud dando la oportunidad a su hijo de enviarlo a la universidad para que sea una persona de provecho.

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

  • $4,800
    Average annual income
  • 63
    View loans »
    Honduras Loans Fundraising
  • $8,631,200
    Funds lent in using Kiva
  • 19.2
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Angelica but agricultural supplies and pay laborers to apply them on her coffee fields.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Mar 19, 2014
Listed
Mar 31, 2014
Currency Exchange Loss:
Possible
Ended:
Feb 20, 2015