She is very grateful for the support provided and also for the opportunity that she has been given with the loan. They are necessary for the small farmer to move forward and improve herself.
Elsa currently requests a loan to continue to invest in her coffee crops, since they need assistance and maintenance in order to give good results at the end of the season. The well-being of her family depends on the income that she generates when she sells the coffee. She hopes that lenders will be able to support her again so that she can achieve her goals, hopes, and dreams in life.
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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This loan has been fully funded!