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Fatima
Fatima is very happy, motivated and satisfied that, thanks to KIVA in partnership with the cooperative COMIXMUL, she invested her loan in her coffee crops and to pay laborers to fertilize and apply foliar to her crops, which needed to be attended to in order to produce excellent results. Thanks to this loan, she believes a door was opened at the right time, because she was unfit to maintain her plantation. She is grateful to God for allowing access to such funds, and for her ability to make repayments.

She is now requesting a second loan which will allow her to purchase agricultural supplies such as fertilizers, manure, and foliar again to maintain her coffee crops for the new season which is approaching, which is why she needs the investors’ support.
View original language description ↓
Fátima se encuentra muy feliz, muy motivada y satisfecha ya que gracias a KIVA en alianza con la cooperativa COMIXMUL ella invirtió su financiamiento en sus cultivos de café y en pago de mano de obra para poder abonar y foliar sus cultivos los cuales necesitaban ser atendidos para obtener de ellos un excelente grano. Gracias a este financiamiento ella considera fue una puerta que se abrió en el momento justo; porque estaba en condiciones no aptas para darle el mantenimiento a su plantación lo cual permitió fortalecerla más. Muy agradecida con Dios primeramente por permitirle acceder a dichos fondos pues ella pudo salir con su compromiso de pago y nuevamente ella solicita un segundo financiamiento el cual le permitirá comprar insumos agrícolas como fertilizantes, abonos, foliares nuevamente para atender sus cultivos de café en el mantenimiento y lograr mantenerlos al 100% para esta nueva temporada la cual se acerca y por lo cual necesita que los inversionistas nuevamente le apoyen.

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

  • $4,800
    Average annual income
  • 82
    View loans »
    Honduras Loans Fundraising
  • $8,803,075
    Funds lent in using Kiva
  • 21.0
    Honduras Lempiras (HNL) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $1,350 helped Fatima para compra de insumos agrícolas para asistir sus cultivos de café en esta nueva temporada.
0% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jul 8, 2014
Listed
Jul 21, 2014
Currency Exchange Loss:
Possible