Alba Del Carmen
She is very happy and above all thanks GOD for being able to reach her proposed goal, which was to be able to assist her coffee crops through the purchase of agricultural supplies. By doing so, she prevented their contamination with rust and other pests that would have caused her to lose the harvest.
Alba is again requesting a second loan, which will assist the coffee plantation since after the beans were cut, she states the the plants and soil became deteriorated and damaged. She is hoping to again receive the support of the various investors en the Kiva platform so she can continue to work at the only hope for growth and development for her family and children.
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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