As you might know, when you order your favourite products on Label K, part of the profits is allocated to help empower moms and women around the world. To achieve this, we have put our trust in Kiva, the world's leading online lending platform, which gives us the opportunity to select from a wide range of fantastic and inspiring micro-entrepreneurs projects.
We are proud to have taken part in 437 loans to date!
In Nicaragua, Olga Marina has 10 years' experience in coffee growing, and provides up to 10 temporary jobs in her community during the coffee season. Her farm covers 2,11 hectares. To improve her income and her family's, she needs help to buy the vegetative material and to increase the area of new coffee plants by 0,7 hectares.
Together with 7 other lenders, we raised $700 to help this wonderful woman!
This loan enables Olga Marina to replace unproductive coffee plants with new ones. It usually takes three to five years for the new plants to produce coffee at full capacity, so this loan will allow her to repay over five years, with a one-year grace period.
Dear customers, with all your orders, you are taking part in this journey, so thank you very much! We are already looking forward to finding some wonderful new projects to support with your invaluable help!