Boribina 2 Group
Ousmane is 33 years old, and he is a member of the group "Boribina 2". He takes care of five persons at home. He has been part of the CPSL cooperative for five years, and he has seven hectares of cocoa undergoing Rain Forest Alliance/UTZ double certification, which means he respects the principles and standards of sustainable agriculture.
Thanks to this loan, he is going to be able to purchase fertilizer and pesticides for his plantation. These products will enable him to augment his production and thus increase his revenues.
With the additional money, he wants to purchase sheet metal to roof his house.
Ousmane a 33 ans et il est un membre du groupe Boribina 2. Il s‘occupe de 5 personnes dans son foyer. Cela fait 5 ans qu’il fait partie de la coopérative CPSL et il a 7 hectares de cacao en cours de double certification Rain Forest Alliance/UTZ, 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 veut acheter des tôles pour couvrir 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.
This is a Group Loan
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