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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
  • 46
    View loans »
    Honduras Loans Fundraising
  • $8,354,075
    Funds lent in using Kiva
  • 21.0
    Honduras Lempiras (HNL) = $1 USD
Paying Back - Delinquent
A loan of $1,350 helped this borrower 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