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Isabel
Isabel and her family have a sustainable vision. They have a small, integral farm with a few animals, a vegetable patch, and a rainwater harvesting system.

They are investing in an 8 cubic meter Sistema Biobolsa as part of their vision for the future. The digester will convert the waste generated by their cows into renewable, methane rich biogas and a potent biofertilizer. The biogas will allow them to decrease use of the fossil-fuel derived propane they currently use to cook and heat bathwater and the potent soil amendment will allow them to improve crop yields without having to resort to expensive, petrochemical fertilizers.

This loan represents 48% of the total cost of her Sistema Biobolsa biodigester and biogas stove.

Additional Information

More information about this loan

Sistema Biobolsa is a distributor of small-scale, affordable biodigester systems that transform livestock waste into organic fertilizer for crops and biogas for cooking, heat and electricity. The company also provides farmers with education and financial assistance to help them use biodigesters to save money and improve their quality of life.

Sistema Biobolsa’s loan program began in early 2011, built on the fact that economic savings made possible by biodigesters could be used to pay back loans. However, because the company’s core business is not microfinance -- and because its partnership with Kiva is unique and unprecedented -- Kiva is unable to assign it a risk rating.

This Kiva loan will be used to provide borrowers with needed goods or services, as opposed to cash or financial credit

Repayment Schedule Note - For loans listed after June 18, 2013.

Even though the repayment schedule for this loan indicates that all repayments are to be made at the end of the loan term, lenders should expect repayments to be made prior to this time. Biobolsa borrowers are expected to make repayments to lenders as savings are realized from the use of the biodigester. Because these savings can be irregular, seasonal and/or unpredictable, Biobolsa has marked this loan as an end of term repayment schedule to avoid having their borrowers show up as incorrectly delinquent throughout the term of the loan.

Tags

About Mexico

  • $11,249
    Average annual income
  • 8
    View loans »
    Mexico Loans Fundraising
  • $17,731,700
    Funds lent in using Kiva
  • 13.1
    Mexico Pesos (MXN) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $1,050 helped Isabel to purchase a Sistema Biobolsa biodigester and biogas stove.
20% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jun 10, 2014
Listed
Jun 23, 2014
Currency Exchange Loss:
Possible