Léon, a member of the group, is 36 years old. He has four people under his care in his household. He joined the CKA cooperative 7 years ago, and he owns 2 hectares of Rainforest Alliance and UTZ-certified cocoa, which means that he respects the standards and principles of sustainable farming.
This loan will help him to buy fertilizers for his farming business, which will in turn allow him to increase his production and his earnings.
With the remaining money, he wants to build a house.
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
Loan tags help lenders find loans that match certain areas of interest. You can add up to 5 tags for this loan.
About Cote D'Ivoire
0View loans »
Success!! The loan was 100% repaid