He would like to increase his production, and to make this possible he needs to plant new coffee plants because some of the ones he has already have finished their life cycle. To do this he needs a loan, which he'll repay at the end of the next harvest.
In the future Rogelio would like to be able to acquire more land to grow coffee. Among his personal goals is for his children to get a college education.
More information about this loan
These loans help farmers swap out their old coffee plants that are no longer producing at capacity for new plants. New plants generally take three years to produce at capacity, temporarily reducing crop yield. Given that the renewal process can be lengthy, please note that this loan may have a long repayment term with a built-in grace period.
Important InformationLa Union Regional de Pequeños Productores de Cafe Huatusco (or, La Union Regional) is a member-owned, Fair Trade-certified coffee cooperative based in the state of Veracruz, Mexico. Kiva helps fund loans for La Union Regional’s members, allowing them to plant more crops and convert to more profitable organic farming methods. La Union Regional is backed by Fair Trade USA and Green Mountain Coffee Roasters, which retails members’ coffee.
This Kiva loan will be used to provide borrowers with needed goods or services, as opposed to cash or financial credit.
Because La Union Regional’s core business is not microfinance, there is some level of additional risk for lenders. Kiva’s partnership with La Union Regional is unique and unprecedented. For this reason, Kiva has not assigned the organization a risk rating. More information can be found on La Union Regional’s partner page.
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