She is 36 years old and takes care of fifteen persons at home. She has been part of the CPSL cooperative for five years, and she has ten hectares of cocoa.
Thanks to this loan, she is going to be able to purchase fertilizer and pesticides for her plantation. These products will enable her to augment production and thus increase her revenues.
With the additional money, she wants to finish building her house.
Elle a 36 ans et s‘occupe de 15 personnes dans son foyer. Cela fait 5 ans qu’il fait partie de la coopérative CPSL et elle a 10 hectares de cacao.
Grace au crédit, elle 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, elle veut pouvoir terminer la construction de sa maison.
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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