Farmer Loans Programs
Providing access to credit at reasonable terms is a critical aspect of our farmer support model. By investing in farmer loans, we’re helping cooperatives manage risk and strengthen their businesses. Our goal is to increase our farmer loans to $20 million by 2015.
2013 Report Update
To learn more about our work in farmer loans read our Global Responsibility Goals & Progress Report.
In 2013 we had a total loan commitment of $11.9 million, including $1.3 million placed in the Fair Trade Access Fund set up by Incofin Investment Management, Grameen Foundation and Fairtrade International. The fund provides financial and technical assistance to address the needs of smallholder farmers by investing in Fairtrade producer organizations and cooperatives in Paraguay, Peru, Chile, Honduras and Nicaragua. In 2013 the Fairtrade Access Fund disbursed $9.44 million in loans to cooperatives in five countries.
We are investing in better futures for coffee farmers and their communities through our farmer loan program and our relationships with: