Iris also grows corn and beans but in small amounts and for consumption at home and only for occasional sales. Iris inherited her land from her parents; it is two kilometres away from her home and she arrives there on foot.
One problem that Iris is facing is disease in her crops. The price of supplies also varies greatly but competition is not a problem as there is a lot of demand for coffee.
Iris is applying for a loan that she will use to buy fertilisers and supplies such as manure and urea, and to pay labourers. With this loan Iris will improve coffee production.
In the future Iris wants to continue investing and expanding her crops in order to earn a higher income and support her son. Iris wants her son to have more opportunities in life, to do better and to grow.
Iris solicita apoyo económico el cual utilizara en la compra de fertilizantes e insumos como ser abono, urea, foliar, pago de mano de obra ya que con este financiamiento ella mejorara la producción de su cultivo. Sus planes como productora seguir invirtiendo y ampliando su cultivo para obtener mejores ingresos y así poder apoyar a su hijo en sus estudios teniendo más oportunidades en la vida para superarse y crecer.
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!