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Maria Raimunda
Doña Maria is very happy and satisfied. With the support she received from the investors on the Kiva platform in alliance with the COMIXMUL cooperative, she was able to buy the necessary and possible supplies to be able to nurse and maintain her crops (potatoes), to carry out the production process.

In her recent semesters, the production was not very good. Nevertheless, she was always up to date with her payments, avoiding having extreme debt and losing credibility in what she does. She sold the product at a very good price, one part so that she could fulfill her payment commitment, maintaining one part hoping that the price would improve to obtain better profits.

She asks to be supported again by the investors on the Kiva platform with a second loan. She will use it to be able to continue working and buy more products and supplies again to be able to grow new potatoes and be able to plant a higher quantity.
View original language description ↓
Doña Maria se encuentra muy feliz y muy satisfecha ya que con el apoyo recibido por los inversionistas den la plataforma de KIVA en alianza con la cooperativa COMIXMUL, ella pudo comprar los insumos necesarios y posibles para poder dar asistencia y mantenimiento a sus cultivos de hortalizas (papa) para llevar a cabo el proceso de producción. Doña Maria logro preparar la tierra para cultivar papa con lo que obtuvo un rendimiento muy efectivo sobre la producción. En sus últimos semestres la producción no fue muy buena sin embargo ella siempre estuvo al día con algunas cuotas evitando tener mora extrema y perder credibilidad en lo que ella hace. El producto lo vendió a muy buen precio una parte con lo que pudo cumplir su compromiso de pago manteniendo una parte esperando que el precio mejore para obtener mejores ganancias. Ella solicita pueda ser apoyada nuevamente por los inversionistas en la plataforma de KIVA con un segundo financiamiento el cual utilizara para poder seguir trabajando y nueva mente comprar más producto e insumos para poder cultivar nueva papa y poder cosechar una mayor cantidad.

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
  • 16
    View loans »
    Honduras Loans Fundraising
  • $8,227,050
    Funds lent in using Kiva
  • 19.2
    Honduras Lempiras (HNL) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $1,475 helped Maria Raimunda to buy agricultural supplies to be able to nurse and cultivate potatoes.
44% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Apr 1, 2014
Listed
Apr 13, 2014
Currency Exchange Loss:
Possible