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Victoria
Victoria is grateful for the support given by the Kiva investors in alliance with the COMIXMUL cooperative. She paid off her first loan satisfactorily and it was very helpful for her. She was able to buy the fertilizer she needed and pay the laborers for the harvest season. She says that she feels that the support that is given to the community in general and to her in particular through the COMIXMUL cooperative is excellent. The low interest rate that is offered with these funds helps to improve earnings, and access to them is improved. This lets the producer rest and stop worrying and helps to have a better quality of life. In addition, she doesn't have to be tied to selling her harvest to one specific person, but can choose the highest bidder to sell her coffee. One of the things that Victoria likes the most is the project that the cooperative has with women. In addition to the help of the loans, she has access to a community first aid supplies and trainings, medical services, and more. At this time, she is asking for a second loan and hopes to have the Kiva investors' support to help improve her coffee crops for this new season. She will again buy fertilizer, foliar spray, and more. Her goals for this new year are to finish her house which needs re-plastering, paint, and a new ceiling.
View original language description ↓
Doña Victoria agradece el apoyo brindado por los inversionistas en la plataforma KIVA en alianza con la cooperativa COMIXMUL. Satisfactoriamente ella cancelo su primer financiamiento el cual fue de mucha ayuda con el que pudo comprar el abono que necesitaba y pagar los mozos para la temporada de corta. Ella relata que siente que el apoyo que se le brinda a la comunidad en general y a ella en particular mediante la cooperativa COMIXMUL es excelente; porque la baja tasa de interés que es brindada con dichos fondos ayuda a mejorar las ganancias, la accesibilidad de estos mejora, descansa y despreocupa al productor ya que esto le ayuda a tener una mejor calidad de vida. Además ella no tiene que atarse a vender su cosecha a una persona determinada, sino que pueden elegir al mejor postor para vender su café. Una de las cosas que más le gusta a doña Victoria es la proyección que tiene la cooperativa con la mujer, ya que además de ayudarla con los financiamientos, tiene acceso al botiquín comunitario y a las capacitaciones que se imparten, servicios médicos, entre otros. En esta ocasión ella solicita un segundo financiamiento esperando nuevamente ser apoyada por los inversionistas en la plataforma de KIVA el cual ayudara a mejorar sus cultivos de café en esta nueva temporada comprando nuevamente abono, fertilizantes, foliares, entre otros. Sus metas para este nuevo año terminar su casa la cual necesita repello, pintura y cielo falso.

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.

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About Honduras

  • $4,200
    Average annual income
  • 37
    View loans »
    Honduras Loans Fundraising
  • $7,986,350
    Funds lent in using Kiva
  • 19.2
    Honduras Lempiras (HNL) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $1,050 helped Victoria to buy agricultural materials to help her coffee crops.
0% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Mar 31, 2014
Listed
Apr 13, 2014
Currency Exchange Loss:
Possible