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Maria Purificacion
Maria used her first loan from COMIXMUL and Kiva lenders to buy stolons (strawberry plants) as well as fertilizer and foliar products, which she used on her crops. She successfully planted her strawberry crops and harvested 600 boxes. She sold her product at the local market and made a great profit, which allowed her to pay off her loan obligation on time. She is grateful to all the Kiva lenders who helped her meet her goals and make her hopes a reality. They have enabled her to make her small strawberry-growing business work.

This time she is requesting the support of a new loan in order to buy more stolons, fertilizer, and foliar products, since she has already prepared the land where she will plant a new crop of strawberries. This will allow her business to keep growing and new goals to be met.
View original language description ↓
Doña Maria en el primer crédito solicitado a la cooperativa COMIXMUL apoyado por los diferentes inversionistas en la plataforma KIVA compro estolones (planta de fresa) así como también abonos y foliares con los cuales abono y sembró 5 tareas de fresa obteniendo una exitosa cosecha de 600 cajas de fresa las cuales vendió en el mercado local obteniendo una maravillosa ganancia con la cual logro salir de su compromiso de pago y en el tiempo adecuado. Ella se encuentra agradecida con los diferentes inversionistas en la plataforma KIVA quienes ayudaron a que sus metas y esperanzas fueran cubiertas y echas realidad para salir adelante con su pequeño negocio de producción de fresas. En esta ocasión ella solicita ser apoyada nuevamente con un nuevo financiamiento para la compra de más estolones, abonos y foliares ya que tiene preparada la tierra donde cultivara la nueva plantilla de fresa por lo cual espera ser apoyada nuevamente para seguir creciendo con su negocio y en sus metas.

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

  • $4,200
    Average annual income
  • 27
    View loans »
    Honduras Loans Fundraising
  • $8,199,100
    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 Maria Purificacion to buy stolons (strawberry offshoots) and farming supplies.
20% repaid
Repayment Term
22 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jul 25, 2014
Listed
Aug 6, 2014
Currency Exchange Loss:
Possible