María is applying for a loan that she will invest in maintaining her vegetable crops as, through this, she will be sure of having a harvest. The loan will allow her to look after the vegetables better.
María's plan for the is to work on her crops with her own capital, which she hopes to earn back 100%, so that she can reinvest and earn more profit. With this she will be able to save in order to support her children with their studies and they will be able to become professionals.
La ayuda que ella solicita hoy en día será utilizada para invertir en el mantenimiento de sus hortalizas ya que de esa manera ella podrá asegurar su cosecha y lograra dar un mejor mantenimiento.
Sus planes a futuro es poder trabajar sus cultivos con un capital propio el cual pueda ser captado en un 100% para re-invertir y que las ganancias sean totales de esa forma ella podrá ahorrar para poder apoyar a sus hijos con sus estudios y que sean unos profesionales.
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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Success!! The loan was 100% repaid