Total loan: $100,000
Oakland, CA, United States / Wholesale
Flag of United States
Kuli Kuli's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!
A loan helped To protect the income of moringa farmers in Africa, Asia, and Latin America during COVID-19.
Kuli Kuli's story
Moringa is a climate-smart, drought-resistant tree that provides a pathway to economic and nutritional security for rural communities in Africa, Asia and Latin America. Its leaves are more nutritious than kale (2x protein, 3x calcium, 4x iron) and absorb 20x more carbon dioxide than other tropical vegetation. Farmers can earn $1,200/acre growing moringa vs. $300/acre growing maize. However, they often lack access to international markets. Kuli Kuli improves livelihoods by sourcing moringa from smallholder farmers, particularly women-owned farming cooperatives in West Africa, and teaching them how to grow, process and incorporate moringa into their diets. The company pays a higher price for higher impact moringa. Many women are able to earn 5-10x the average income in their region. Meet Pierrette, a moringa farmer in Benin. As of 2019, Kuli Kuli has generated over $5.2 million in revenue for moringa farmers, supported over 3,200 livelihoods, and planted 24.6 million moringa trees. Learn more here. This loan of $100,000 will be used to finance purchases from moringa farmers who have been impacted by business disruption due to COVID-19. It is Kuli Kuli’s first loan through the Kiva Labs: Social Enterprise program.