Check out some available loans that are similar to this one!
Ricardo
Ricardo and his wife Celia have earned a living as coffee growers for 40 years. They have five children who also devote themselves to this business though they work for themselves now that they are married. Ricardo learned everything related to coffee production since the age of 12, alongside his father.

For the next harvest Ricardo and his wife need a loan to pay the coffee harvesters whom they will hire to work in their fields. After the harvest Ricardo will start up a greenhouse for coffee seedlings which he will use to sow his fields and also for selling to producers in the region. In addition to growing coffee Ricardo is a taxi driver which he has done for 20 years, a business that has helped him make better earnings for his family.
View original language description ↓
Ricardo y su esposa Celia se dedican desde hace casi 40 años a la producción de café. Ellos tienen 5 hijos que también se dedican a esta actividad, aunque ya por su cuenta pues ya son casados. Ricardo aprendió todo lo relacionado con la producción de café desde que tenía 12 años al lado de su padre. Para la siguiente cosecha Ricardo y su esposa necesitan un crédito para pagar a los cortadores de café que contratarán para trabajar en sus fincas. Después de la cosecha Ricardo iniciará un vivero de planta de café la cual utilizará para sembrar en sus fincas y también para vender a productores de la región. Además de la producción de café Ricardo es taxista desde hace 20 años, actividad que le ha ayudado a tener mejores ingresos para su familia.

Additional Information

More information about this loan

These loans are designed to help farmers expand their existing crop yields and increase their incomes. The loans are designed to fit the agricultural cycle, allowing farmers to make purchases during the planting season and repay following the harvest. Coffee production loans help farmers maintain and grow their fields by cleaning, pruning, fertilizing, and conserving the grounds, delivering water, and replanting trees needed to shade the coffee plants.

Important Information

La 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.

About Mexico

  • $15,600
    Average annual income
  • 14
    View loans »
    Mexico Loans Fundraising
  • $18,745,125
    Funds lent in using Kiva
  • 13.1
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Ricardo to pay coffee harvesters.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Disbursed:
Nov 30, 2012
Listed
Nov 11, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 1, 2013