Aldea Global 13
With your investment in Aldea Global, smallholder farmers in remote areas of Nicaragua gain access to financing. This allows them to expand their plantations, build a steady income, and improve their living conditions.
The project
Nery has owned a piece of land for years. When she saw how successful other coffee farmers in her area were, she realized that her land also had a lot of potential.
With a small loan from Aldea Global, Nery purchased the right coffee plants and set up a profitable production. Since then, she has worked hard: she tends to her plantation every day, so that every harvest yields a good income.
Aldea Global reaches smallholder farmers like Nery in remote, often hard-to-reach areas of Nicaragua. A team of credit advisors travels to these communities in person to support farmers and strengthen their productivity. Around 50% of borrowers are women, contributing to greater economic opportunity and equality in these regions.
With access to financing, farmers improve their land, increase their income, and create opportunities for their families.
Your Investment
- Annual interest rate: 6%
- For an investment of €1,000, the expected total repayment is €1,120.
- Maturity: 30 months
- Grace period: The loan has a 12-month grace period during which no principal is repaid, but you’ll receive interest payments every 6 months.
- Repayments: Starting in month 18, you’ll receive repayments every 6 months, including interest, with payments in months 18, 24, and 30.
- Currency: dollar. Please note that while you invest in euros, the loan is in dollars, which means there is a risk of currency fluctuations between the two. Visit our page on currency risks for more details.
Aldea Global
Impact
As a woman in Nicaragua, becoming financially independent is particularly challenging. In 2021, only 21.6% of women were connected to a traditional bank or financial institution, compared to 30.9% of men (World Bank). This inequality limits their opportunities to invest in agriculture or other businesses. Female coffee farmers who take out loans through Aldea Global are familiar with this struggle and emphasize that they now have the chance to build their own future. Aldea Global is actively committed to supporting women; currently, 30% of their loans go to female coffee farmers.
Aldea Global also guides farmers in implementing more sustainable farming techniques that conserve water and improve soil health, increasing the resilience of coffee farmers against climate change.
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