Status Update- September 12, 2022

Kiva and Fairtrasa have agreed to end their partnership after nearly 8 years and more than $174,000 in loans raised. This partner has repaid its outstanding balance to Kiva in full, and these funds have been distributed to lenders. We thank Fairtrasa for the years of collaboration and wish them success in their future endeavors.

Status update- September 13, 2021

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Kiva has moved this Lending Partner to inactive status, which means Fairtrasa is no longer fundraising loans on Kiva, though Kiva fully expects the partner to continue to send repayments owed to Kiva lenders for as long as the partner has an outstanding balance. If and when this partner requests to fundraise again on Kiva, Kiva will first conduct any additional monitoring and due diligence tasks we believe necessary.

Fairtrasa is a global social enterprise that provides marginalized farmers in developing countries with tailored training programs, certification, capital, and logistical support. The enterprise then connects farmers to fair-paying markets by selling their organic and fairtrade products through Fairtrasa’s global sales network. Through its sustainable business model, Fairtrasa helps farmers increase yield, improve quality and adopt sustainable farming practices.

A unique lending approach:

Fairtrasa provides loans to small-scale farmers, with an average plot of between 1 and 5 hectares, so that they are able to purchase equipment and obtain organic farming inputs such as fertilizer and seeds. Loan repayment is based on each farmer’s crop cycle and will be repaid in a single payment at the end of the term. 

Fairtrasa is committed to helping small-scale farmers lift themselves out of poverty through sustainable agriculture, ensuring a prosperous future for their families and communities. Kiva loans will also enable farmers to more rapidly transition to organic farming at a lower cost. With Kiva’s support, Fairtrasa will be able to provide access to credit to more farmers in need.