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.
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.
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.
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