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Edita
Edita is very happy. Thanks to her first loan with Kiva, in Alliance with the COMIXMUL cooperative, she was able to invest in her coffee crops by purchasing the supplies needed to apply to the crops. She bought formula for coffee crops, compost, leaf insecticides, and urea, among others that are needed and important to keep her crops healthy and with excellent foliage.

Edita states that she and her family did not know about said institution. The area where she lives is removed from the city. Thanks to the team that works at the institution, and through the promotion of their products, benefits, and other things in the area, she was able to affiliate with them. She was able to put aside her worries about getting her first loan, to get an interest rate that is very comfortable, flexible payments, and other features that make it unique as an institution that supports women.

Therefore, she is requesting her second loan in order to be able to continue investing in her coffee crops. During this new season she has a lot of goals and great hopes that her harvest will be better. These are to continue expanding her coffee crops, to build a basin to wash the grain once it is gathered, and metal sheeting for drying in the sun in order to get good earnings by selling them as golden grains.
View original language description ↓
Edita se encuentra muy feliz porque gracias a su primer financiamiento con los fondos KIVA en alianza con la cooperativa COMIXMUL ella pudo invertir en sus cultivos de café comprando los insumos necesarios para aplicar como: formula cafetalera, abono, foliares, urea entre otros que son necesarios e importantes para mantener sus cultivos sanos y con un excelente follaje. Edita manifiesta que ella y su familia no conocían dicha institución ya que la zona donde ella habita esta retirada de la ciudad y que gracias al equipo de trabajo de dicha institución la cual mediante la promoción de sus productos, beneficios y demás en la zona, pudo afiliarse y dejar las preocupaciones a un lado obteniendo su primer financiamiento a una tasa muy cómoda, flexibilidad de pago entre otras características que la hacen única como institución que apoya al sector femenino. Por lo que hoy nuevamente solicita un segundo financiamiento para poder seguir invirtiendo en sus cultivos de café ya que para esta nueva temporada ella tiene muchas metas y muchas esperanzas de que su cosecha sea mejor así como también seguir ampliando sus cultivos de café, construir una pila para lavar el grano una vez recolectado y una plancha para asolearlo para obtener muy buenas ganancias vendiéndolo como grano oro.

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
  • 25
    View loans »
    Honduras Loans Fundraising
  • $8,239,325
    Funds lent in using Kiva
  • 19.2
    Honduras Lempiras (HNL) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $1,500 helped Edita to buy agricultural supplies to care for her second season of crops.
0% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Mar 27, 2014
Listed
Apr 10, 2014
Currency Exchange Loss:
Possible