COOCAMINAS - Cooperativa Pequenos Cafeicultores Poco Fundo
COOCAMINAS loaned me $4,349.00 at a low-interest rate through the rotating credit program. With the loan I was able to make my past due payment for fertilizer. Making this payment allowed me to wait to sell my coffee on better Fair Trade terms. I didn’t have the need any more to sell it to intermediaries at a value much lower than it’s worth. ”
Sebastião Célio Vitoriano
New Warehouse for Storage
On a plot of land purchased with Fair Trade premium funds, COOCAMINAS constructed a warehouse for additional storage. This purchase of land and equipment was approved democratically by the cooperative’s General Assembly.
Low-Interest, Short-Term Loans
COOCAMINAS has used its premium funds to provide low interest loans for members. These short-term loans prevent members from resolving financial needs with predatory lenders. Members can now meet their daily expenses as they wait to sell their coffee on the best possible terms.