Part of Gelasio’s coffee production is conventional coffee and part is organic coffee. He is doing the necessary work to convert all of the coffee production to organic coffee and is being advised by the staff of the “Unión Regional de Huatusco” with the purpose of obtaining better results. For the next harvest he needs to buy organic fertilizer for his farms and he also wants to process his own coffee since in this way he can sell it at a better price. In order to carry out this work he is applying for a loan which he will pay back at the end of the harvest.
Apart from harvesting coffee, Gelasio also produces beans and bananas in order to have extra income for his family. One of the things that Gelasio would like to achieve from the coffee harvest is to paint his house in order to give it a better image.
More information about this loan
These loans are designed to help farmers expand their existing crop yields and increase their incomes. The loans are designed to fit the agricultural cycle, allowing farmers to make purchases during the planting season and repay following the harvest. Coffee production loans help farmers maintain and grow their fields by cleaning, pruning, fertilizing, and conserving the grounds, delivering water, and replanting trees needed to shade the coffee plants.
Important InformationLa Union Regional de Pequeños Productores de Cafe Huatusco (or, La Union Regional) is a member-owned, Fair Trade-certified coffee cooperative based in the state of Veracruz, Mexico. Kiva helps fund loans for La Union Regional’s members, allowing them to plant more crops and convert to more profitable organic farming methods. La Union Regional is backed by Fair Trade USA and Green Mountain Coffee Roasters, which retails members’ coffee.
This Kiva loan will be used to provide borrowers with needed goods or services, as opposed to cash or financial credit.
Because La Union Regional’s core business is not microfinance, there is some level of additional risk for lenders. Kiva’s partnership with La Union Regional is unique and unprecedented. For this reason, Kiva has not assigned the organization a risk rating. More information can be found on La Union Regional’s partner page.
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Success!! The loan was 100% repaid