In 2011 they created Toojil Xiimbal to develop two agro-ecological farms for the production of organic vegetables, pigs, chickens and vermicompost (worm compost).
Toojil Ximbal needs $48,069 MXP to start producing and selling vermicompost. They already have two worm beds and potential clients. With this loan, they will have the money to build 6 additional worm beds and to buy bags and a bag sealer for the distribution of vermicompost.
By making vermicompost available for local farmers, this project will reduce the use of chemicals; improve the soil’s physical structure and water holding capacity; enrich soil in micro-organisms and enhance germination, plant growth, and crop yield.
Madhavi, Elizabeth and Alvaro’s goal is to use the vermicompost business revenues to set up the organic production of pigs, chickens and vegetables in order to convince more people of the benefits of sustainable framing practices.
More information about this loan
These loans are designed to help small farmers that live in marginalized zones of Mexico develop eco-friendly productive projects. The objective is to increase their income, generate jobs in their communities, and promote sustainable practices. By supporting profitable eco-friendly projects, Kiva loans help rural entrepreneurs become role models of sustainable farming practices and mitigate the causes of migration. By supporting this loan you are supporting eco-friendly farming practices.
About El Buen SocioEl Buen Socio is an ethical microfinance institution in Mexico that promotes sustainable development by strengthening people’s capabilities and supporting entrepreneurs with eco-friendly businesses.
Vulnerable, low-income entrepreneurs will use loans issued by EBS to fund productive projects that have a positive social and environmental impact, including farming, forestry or fishing activities. Each of these projects are conducted in an eco-friendly way with sustainable use of natural resources.
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This loan has been fully funded!