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Karen Perfecta
Karen is 34 years old and married to a construction worker with whom she has two children. Both children live at home, the younger one in primary school and the older one about to graduate from high school. Karen herself completed only the equivalent of junior high and did not continue on to the high school level.

Karen has for the past two years earned a living planting and harvesting rice. She previously grew coffee, but her husband helped her learn to grow rice. Karen rents a plot of land that is 15 kilometers from her home, so she usually goes to work on a bicycle, but sometimes rides in a car. She sells her crop to brokers in the area.

Karen is applying for a loan for the purchase of agricultural supplies such as manure, urea, foliar fertilizers [which plants absorb through leaves], machiner to work the land, and to pay laborers. These investments will help Karen boost her rice yield. She plans to keep investing, expanding her land, increasing her harvest and earning more income so she can provide for her children. Karen also will invest part of her earnings in the purchase of a small plot of land that she can work herself.
View original language description ↓
Karen tiene una edad de 34 años, tiene un grado de educación de secundaria incompleta la cual curso solamente su primer años de ciclo común básico. Ella es casada y su compañero de hogar se dedica a la construcción con el cual procrearon 2 hijos los cuales viven en casa. El menor estudia en la escuela y la mayor ya está en el colegio finalizando su carrera. Su fuente de ingreso es la siembra y cultivo de arroz actividad que trabaja desde hace 2 años la cual aprendido gracias a la ayuda de su esposo. Anteriormente se dedicaba a la siembra y cultivo de café. El terreno que ella trabaja es alquilado siendo sus clientes los diferentes intermediarios que habitan en la zona. La distancia desde su casa de habitacion a la zona donde trabaja es de 15 kilómetros lo cual hace en ocasiones en vehículo y la mayoría de veces en bicicleta. Por lo que ella está solicitando apoyo financiero para la compra de insumos agrícolas abono, urea, foliar, mecanización del terreno y pago de mano de obra mejorando de esta forma la producción de su cultivo. Sus planes como productora de arroz es seguir invirtiendo, ampliando más sus áreas de cultivo obtener mayores ingresos y volumen de cosecha de esta manera ella mejorar el bienestar de sus hijos tratando de invertir parte de las ganancias en la compra de un pequeño terreno donde ella pueda empezar a trabajar de forma propia.

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.

About Honduras

  • $4,200
    Average annual income
  • 23
    View loans »
    Honduras Loans Fundraising
  • $8,480,275
    Funds lent in using Kiva
  • 21.0
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,350 helped Karen Perfecta to purchase agricultural supplies and pay laborers to help with her rice crop.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jul 25, 2014
Listed
Aug 3, 2014
Currency Exchange Loss:
Possible
Ended:
Feb 20, 2015