A loan of $2,475 helped a member to buy farm supplies and to pay labor costs.

El Agricultor De La Esperanza Group's story

Felipe, 44, is married and has five children; he lives in the municipality of Nueva Frontera, Santa Bárbara with his wife and three of his children.

He lives in a zone that’s apt for agriculture which is why he’s spent his entire life in this activity. But he’s worked for himself for the last 15 years. He grows coffee and also corn and beans. He sells his products in the local market.

He’s asking for a 7,000 Lempira loan to provide good care to his coffee and basic grains. He will buy fertilizer and pay labor costs to do the weeding. His goal is to acquire more land to expand the coffee farm and increase production and income.

He’s asking for a group loan and the group is called “El Agricultor de la Esperanza” (Farmer of Hope) which has 8 members who all live in the same community and work in agriculture. In the photo they are identified thus: From the left it’s José Antonio, Santos, Marvin, Merlins, Felipe, Andrés and José Elivardo on the right. Teodoro does not appear in the photo. The group loan total is 48,000 Lempiras and this is their first loan.

In this group: Jose Antonio, Santos , Marvin David, Merlins Mauricio, Felipe, Andres , Jose Elivardo, Teodoro*
*not pictured

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Translated from Spanish by Kiva volunteer Polliz

Loan details

Lenders and lending teams

Loan details