A loan of $400 helped to purchase agricultural chemicals and nutrients.

Lorena's story

Lorena is a 38-year-old mother and pepper producer who lives with her family in the region of Upala in the Northern region of Costa Rica, minutes from the Nicaraguan border. Lorena is a dedicated producer and mother. She plans to focus her efforts on the planting and harvesting of Habanero peppers. She works in cooperation with her family to strike a balance between accomplishing the daily tasks associated with agricultural production and the completion of domestic responsibilities. The land she works is her own. In addition to her agricultural activity, Lorena feels it is important to be an active member of her community. As a result, she dedicates a significant portion of her time to community meetings, groups and events. The rural zone where Lorena and her family live is sparsely populated with infrequent bus service and a general lack of infrastructure. Lorena is working hard towards the sustenance of her family, striving to reap the maximum benefits from her land as well as her labor.

Although this is an individual loan, the community in which Lorena and her family live is very close-knit and interdependent. Neighbors help and support one another by sharing experiences and expertise acquired over the years. All individual members of the Upala community are dedicated to the improvement of living conditions for the region as a whole.

This loan will be used to finance the production of Habanero peppers. Specifically, the loan will be used to finance the purchase of a variety of necessary agricultural nutrients, fertilizers and chemicals in order to ensure a healthy harvest. All labor and logistical tasks associated with production will be carried out by Lorena with the help of her family members in the region of Upala. The production cycle (from planting to harvest) for these types of peppers is roughly one year. Lorena expects to harvest in the next eight months. Typically, she dedicates the hours from 7AM to 4PM everyday to her agricultural activities.

Piper and Capiscum Processors Compañía Agrícola Industrial (PROPICA) is an international buyer and seller of chili pepper and ground pepper products. In cooperation with Fundación Mujer, PROPICA has guaranteed to purchase the agricultural products (the peppers) that are to be produced with the help of this loan. PROPICA acts as a guaranteed client for small agricultural producers in the area of Upala, thus ensuring that their products will reach market.

The main obstacle Lorena and other producers in the Upala community face is a lack of access to working capital funds. The collaboration of Fundación Mujer and PROPICA represents a unique opportunity to Lorena, her family and community. By offering a source of start-up capital and a guaranteed client to purchase what is produced, this is a chance to improve family and community standards of living. Above all, Lorena wants to take advantage of the current opportunity that has been presented. She wants to profit from this collaboration and see improvements in her home and neighborhood.

Loan details

Lenders and lending teams

Loan details