Antonio wants to increase his output by fertilizing his plants, and also to reforest the land by changing old plants for new ones. In order to achieve this, he is requesting a loan for the purchase of fertilizers and plants. These will help him to increase his output, which in turn will be reflected in a higher income, thereby improving his quality of life and allowing him to fulfil his dreams of helping his children to finish university.
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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