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Total loan: $14,875
San Juan Chivite, , Guatemala / Agriculture
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A loan helped Pay for wet cacao purchases from smallfarmers.
The community of San Juan Chivite is based entirely within a 180-hectare farm, abandoned by it's owner during the Guatemalan civil war in the 80's. The land was handed over to 65 families who were former workers of the farm, and today 125 families share the land and rely on the production of cacao beans there for income. ADEMAYACH is a smallholder association of 16 members, that buys cacao from the 125 farming families in the village, and is their only market. For the board of the association, having working capital at the start of the season is very important, so they can pay on delivery of cacao, and instill a sense of trust and reliability in the community that can be rife with political conflict. At the beggining of the harvest, it is hard for the association leadership to pay upon cacao delivery, as the money is limited because they have a lot of beans being processed in their facilities, but haven't yet sold it to Cacao Verapaz, their primary market. This loan will be used to be able to purchase wet cacao immediately, at the beginning of the harvest, to ensure farmers are paid and able to continue to harvest and sell, ultimately earning more income. Last year, ADEMAYACH produced 12.77 metric tons of cacao. This year, their goal is to increase that to 15 Metric Tones, As the association makes deliveries of processed cacao to Cacao Verapaz, they will make repayments of this working capital loan. In 2020 ademayach added 24 new members to their organic membership.