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Mar 14, 2017 3:00 PM ET

Peru: Francisca : A loan of $775 helps to plant half a hectare of coffee for organic production.

iCrowdNewswire - Mar 14, 2017

Francisca

Peru
 
 
Borrower image
 

A loan of $775 helps to plant half a hectare of coffee for organic production.

Francisca’s story

Francisca is 26 years old. She lives with her husband and their three school-aged children in the small town of Corazón de Jesús, Tabaconas, Peru.

From a very young age, she learned agricultural work from her father. She now has 1.5 hectares of coffee. The loan will help Francisca to plant a new parcel of coffee, with her husband’s help and their desire to get ahead.

Francisca wants be able to educate her 3 children, and this is why she wants to expand her coffee farm. She is grateful to Norandio for giving her an opportunity through this first loan and she is thankful to the Kiva lenders for trusting in her.

 

Translated from Spanish by Kiva volunteer Jennifer Day View original language description

This loan is special because:

It supports lucrative and sustainable livelihoods for organic farmers. 

Kate
Kiva staff

More about this loan

This loan helps smallholder coffee, cacao, and banana farmers in the Peruvian Andes with the upfront costs of organic and Fair Trade farming practices, such as tutoring, organic composting and other inputs. By supporting this loan, you help more farmers access capital at below-market cost and enable them to produce organic products sold for a Fair Trade price premium to international markets.

About Cooperativa de Ahorro y Crédito Norandino:

COOPAC Norandino is a rural savings and credit cooperative that supports Fairtrade, certified organic farmers who have limited financial resources and market access. Loans funded on Kiva help COOPAC Norandino to continue growing its organic coffee and cacao portfolio and to fund a new loan product for members to develop rural microenterprises to smooth and diversify producer household income.

Contact Information:

Francisca

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