Emmanuel is a physician but learned everything related to growing coffee since he was a little boy because his grandfather was in this business and he inherited some land that was used to grow coffee. During the last harvest, Emmanuel replanted part of his land because the plants exhausted their productive cycles and needed to be replaced. For next harvest, Emmanuel is requesting a loan because he’ll buy manure and will use part of the money to pay laborers he’s hired to pick the coffee. After harvest, he’d like to invest in equipment for his medical office and his future goal is to continue training to become a better professional since there is much competition nowadays in the work place.
Emmanuel es médico sin embargo desde pequeño ha aprendido todo lo relacionado con el café ya que su abuelo se dedicaba a esta actividad y le heredó algunos terrenos con cultivos de esta planta. Durante la cosecha pasada Emmanuel resembró parte de sus terrenos pues las plantas ya habían cumplido su ciclo de vida productiva y necesitaban ser cambiadas. Para la siguiente cosecha Emmanuel solicita un crédito ya que comprará abono y también utilizará parte de este dinero para realizar el pago a los cortadores de café que ha contratado. Después de la cosecha a él le gustaría invertir en equipo para su consultorio médico y tiene como meta a futuro seguirse preparando para ser un mejor profesionista ya que en la actualidad existe mucha competencia en el mundo laboral.
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.
La 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.