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Luis
Luis is 70 years old and for more than 35 years has been producing coffee. Together with his 6 children they made this work into a family business alternating with this the breeding of rabbits which leaves them with extra profit which helps them to get ahead. Previously the coffee that they produced was conventional however with the passage of time they succeeded in converting this production in its entirety into organic coffee. This is to say that they now do not use fertilizers with chemical products in their farms. During the last harvest they had a production of 5 tons and because of this they have planned to arrive at 8 tons since previously they sowed new plants which are already starting to bear fruit.

Luis needs a loan because he is going to do farm work cleaning and fertilizing his farms to be able to arrive at the goal that he proposed. He is also going to renovate part of his plot because within 3 years his production will be even bigger and he will also be able to continue maintaining the quality level that until this date he has had. Among the personal goals that Luis has is to be able to enlarge his house to be able to leave a good inheritance in the future to his children and grandchildren.
View original language description ↓
Luis tiene 70 años y desde hace más de 35 años se dedica a producir café. Junto con sus 6 hijos han hecho de esta actividad un negocio familiar alternando con esto la cría de conejos que le deja una ganancia extra que los ayudado a salir adelante. Anteriormente el café que producían era convencional sin embargo con el paso del tiempo han logrado convertir esta producción en su totalidad a café orgánico, es decir que ya no utilizan fertilizantes con productos químicos en sus fincas. Durante la última cosecha tuvieron una producción de 5 toneladas y para esta tienen planeado llegar a 8 toneladas ya que anteriormente sembraron nuevas plantas las cuales ya comenzaran a dar frutos. Luis necesita de un crédito porque va a realizar labores de limpieza y abono en sus fincas para poder llegar a la meta que se ha propuesto. También va a renovar una parte de su parcela para que dentro de 3 años su producción sea aún mayor y también pueda seguir manteniendo el nivel de calidad que hasta la fecha ha tenido. Entre las metas personales que Luis tiene esta la de poder ampliar su casa para poder dejarles en el futuro un buen patrimonio a sus hijos y nietos

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

  • $11,249
    Average annual income
  • 3
    View loans »
    Mexico Loans Fundraising
  • $17,344,000
    Funds lent in using Kiva
  • 13.0
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Luis to buy organic fertilizers which will help him to increase his production as well as for the payment of the labor for the weeding and pruning of his farm.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
At end of term
Disbursed:
Dec 28, 2012
Listed
Nov 21, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 26, 2013