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Marc
Marc is 45 years of age. He is married, and is responsible for six people at home. For the past 30 years he has worked with cacao, and has 10 hectares of cacao farmland which are certified by the Rainforest Alliance. This means that he adheres to the principles and regulations of sustainable agriculture.

With this loan, he will be able to buy fertilizers and pesticides for his cacao plantation. These items will allow him to increase production, as well as increasing his income. With the additional money he receives, he plans to build a house to take care of his family.
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Marc a 45 ans. Il est marié et s’occupe de six personnes dans son foyer. Cela fait 30 ans qu’il travaille dans le cacao et il a 10 hectares de cacao certifiés Rain Forest Alliance, ce qui veut dire qu’il respecte les principes et les normes de l’agriculture durable.

Grace au crédit, il va pouvoir acheter de l’engrais et des produits phytosanitaires pour sa plantation. Ces produits vont lui permettre d’augmenter sa production et ainsi d’accroître ses revenus.

Avec l’argent supplémentaire, il va construire une maison pour prendre soin de sa famille.

Additional Information

More information about this loan

This loan is part of Advans Côte d'Ivoire's Cocoa Livelihoods Program, which provides credit to cocoa producers who belong to a participating fair-trade certified cooperative. This Kiva loan will thus be used to provide borrowers with needed goods or services, as opposed to cash or financial credit. In addition to credit, farmers receive technical assistance, management training, and access to high-quality agricultural inputs like fertilizer and seeds through the cooperative. To guarantee the loan and share liability, the cooperative has taken out the funds as a group. Lenders are advised that fluctuations in cocoa prices and the local climate could impact repayment.

About Cote D'Ivoire

  • $1,800
    Average annual income
  • 0
    View loans »
    Cote D'Ivoire Loans Fundraising
  • $298,825
    Funds lent in using Kiva
  • 508.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Marc to buy fertilizers and pesticides.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Apr 27, 2013
Listed
May 31, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 9, 2014